Stock markets hit one month high on mining sector improvement and positive Chinese Q3 economic data

Stock markets hit one month high on mining sector improvement and positive Chinese Q3 economic data Stock markets across the world today hit recent highs on positive movement within the mining sector and positive third quarter Chinese economic data. Oct.... More

Stock markets hit one month high on mining sector improvement and positive Chinese Q3 economic data Stock markets across the world today hit recent highs on positive movement within the mining sector and positive third quarter Chinese economic data. Oct. 18, 2012 - Following China Resources Internationals recent announcement of higher than expected earnings in the third quarter of 2012, we are now seeing that it has been an excellent quarter not only for China Resources International, but also for mining and for China as a whole. Globally the stock exchanges have seen positive movement attributed to this positive news. The FTSE 100 in the UK today hit its one-month high with its local mining shares boosted by improved outlook and boosted investor confidence in China, the world’s largest consumer economy. The Chinese economy grew as expected, 7. 4 percent less than in the same quarter in 2011, but surprising September retail sales (14. 2% rise) and industrial production (9. 2% ris Less