Metal shares gain as China factory activity quickens

Mon Jun 23, 2014 11:25am IST

Employees are seen at the expedition facility of the Tata Steel rails factory in Hayange, Eastern France, September 25, 2013. REUTERS/Vincent Kessler/Files

Employees are seen at the expedition facility of the Tata Steel rails factory in Hayange, Eastern France, September 25, 2013.

Credit: Reuters/Vincent Kessler/Files

Related Topics

Stocks

   

Reuters Market Eye - Metal shares gain on hopes of better demand after a preliminary HSBC survey showed activity in China's factory sector expanded in June for the first time in six months as new orders surged.

Tata Steel (TISC.NS) gains 1.5 percent while Hindalco Industries (HALC.NS) is up 1.7 percent.

(Reporting by Abhishek Vishnoi)

FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Banking Sector

Banking Sector

India's laggard state lenders face tough sell on capital raising plan.  Full Article 

OPEC Oil Talks

OPEC Oil Talks

Saudi, Russia pre-OPEC talks yield no oil output cut  Full Article 

Bird Flu Scare

Bird Flu Scare

India orders culling after bird flu outbreaks in Kerala.  Full Article 

Microsoft in China

Microsoft in China

Microsoft to pay China $140 million for 'tax evasion'   Full Article 

Flashback: 26/11

Flashback: 26/11

The three-day attack in November 2008 left 166 dead.  Slideshow 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage