Shares of Australia's mining titans rose on Thursday after China reported better-than-expected gross domestic product (GDP) data.
China's GDP data showed that the economy expanded by 4.5%, meeting the company's full-year growth target of 5%.
Fortescue (ASX:FMG) rose nearly 2% and Mineral Resources (ASX:MIN) rose 3%. The materials sector rose 0.3% despite the S&P/ASX 200 closing flat with negative bias.
The benchmark February iron ore on the Singapore Exchange rose to $103.75 per tonne in recent trade.
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