Raw-material producers posted the biggest advance among the 10 industry groups in the MSCI Asia Pacific Index. Copper futures advanced for a second day on speculation demand from China, the biggest user, will increase as industrial production accelerated.
Rio Tinto Group (RIO), which gets about 31 percent of sales from China, climbed 1.9 percent to A$61.30 in Sydney. BHP Billiton Ltd. the world’s largest mining company, added 0.6 percent to A$34.95.
http://www.bloomberg.com/news/2012-12-10/asian-stocks-rise-to-eight-month-high-on-china-u-s-data.html
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