* TSX up 0.4%

* US PPI softer than expected

* Technology and financials lead sectoral gains

* Orla Mining shares rise after Q2 results

Aug 13 (Reuters) - Canada's main stock index rose to its highest in over a week on Tuesday, led by tech and financial stocks, after soft U.S. inflation data maintained hopes for a September rate cut by the Federal Reserve.

At 10:27 a.m. ET (1427 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 91.06 points, or 0.41%, at 22,489.99.

The U.S. producer prices index rose less than expected to 0.1% in July, while it moderated to 2.2% on a yearly basis, an indication that inflation pressures continued to moderate.

"The trend of moderation in prices continues, (but we) must confirm that tomorrow (with the CPI). It should allow the Fed to focus on the employment side of its mandate," said Angelo Kourkafas, investment strategist at Edward Jones Investments.

In Canada, the information technology and financials sector were the top gainers, adding 1.3% and 0.7%, respectively.

Sun Life Financial rose 3.4% after the life insurance firm beat second-quarter profit estimates, strengthening the financial sector.

The energy sector, however, was set to snap its four-day winning streak and fell 0.3%, as oil prices lost ground.

Healthcare stocks also lagged their peers with a 0.5% loss.

Data readings this week in the U.S. are in the limelight with the U.S. consumer price index numbers due Wednesday for further clues on the Fed's stand on its monetary policy.

Markets unanimously expect the Fed to lower its borrowing costs at its next policy meeting on September 18. Traders are evenly divided between a 25- and 50-basis-point rate cut.

Among other Canadian stocks, Orla Mining shares rose 4.4% to top the TSX index after the miner reported second-quarter results. (Reporting by Nikhil Sharma in Bengaluru; Editing by Shreya Biswas and Vijay Kishore)