RE: RE: TVICP News Story
Investor sentiment was already positive at the start to the trading day after a report showed manufacturing growth in China rising in August for the first time in four months. The state-affiliated China Federation of Logistics and Purchasing said its purchasing managers index — a gauge of business activity — rose to 51.7 in August from 51.2 in July.
The base metals sector was the biggest advancer, rising 5.77 per cent with the December copper contract on the New York Mercantile Exchange up 11 cents at 3.48 a pound (U.S.).