UK benchmark FTSE 100
advanced sharply on Tuesday, catching up gains after bank holiday on
Monday. FTSE 100 gained 0.9% or 52
points, reaching 622.55. Appreciation in the index was driven by mining companies
as Rio Tinto PLC added 4.6%, BHP Billiton PLC climbed 3.5%. Kazakhmys
PLC rose 3.2% while Xstrata PLC increased 3.3%. Mining shares
surged after positive data on Chinese manufacturing. Engineering shares also
recovered with Weir Group PLC and IMI PLC jumping 1.9% and 2.6%, respectively.
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