Morning Markets: Chinese data lifts FTSE

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The FTSE was up in early morning trading at 5,717.92, rising 38.28 points (0.67%).

Miners performed well as sentiment was supported by a pick up in China's manufacturing sector and stronger metals prices. Vedanta Resources, Randgold Resources and Xstrata all topped the winners' board. Banks also did well with Lloyds topping the leaders' board at 64p, up 1.96%. On the downside, Vodafone shares fell 1.1 points (0.72%) to 150p after the UK telecom regulator announced it wants to cut mobile termination rates. Satellite communications provider Inmarsat was one of the worst performers after hopes faded Harbinger Capital, its largest shareholder, will be able to affo...

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