World stock markets rose as soaring growth of China Manufacture

World stock market rise driven by faster growth in Chinese manufacturing and expectations the U.S. central bank will pump more money into the largest economy in the world to rejuvenate a sluggish recovery.

In early European trading, Britain's FTSE 100 index rose 0.6 percent to 5,707.74. Germany's DAX rose 0.7 percent to 6,648.31 and France's CAC-40 added 0.8 percent to 3,863.11. Benchmark crude for December delivery rose 41 cents at $ 81.84 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 75 cents to settle at $ 81.43 on Friday.

Wall Street set for higher open, with Dow futures up 56 points, or 0.5 percent, to 11,122.00. In currencies, the dollar rose against the yen but weakened against the euro.

China shares rebound, supported by surveys showing that growth in manufacturing accelerated in October as spending on orders spur infrastructure for new equipment.

Shanghai Composite Index rose 2.5 percent, or 75.19 points to 3,054.02. Shenzhen Composite Index of China's smaller markets, both jumped 2.9 percent to 1,341.84. Resource stocks were among the strongest gainers in Shanghai.

Shandong Gold Mining Co. rose 6.2 percent while the Aluminum Corporation of China Ltd, or Chalco, advanced 3.2 percent.

Hong Kong's Hang Seng index jumped 2.4 percent to 23,652.94 and South Korea's Kospi rose 1.7 percent to 1,914.74. Australia's S & P / ASX 200 rose 0.8 percent to 4,698.50.

Japan's Nikkei 225 stock average against the trend, falling 0.5 percent to close at 9,154.72.

Markets in New Zealand and Indonesia also fell, while Singapore, Taiwan, India, Philippines and Malaysia posted a profit.

On average, the Dow Jones industrial on Friday rose 4.54, or 0.1 percent, to close at 11,118.49. Standard and Poor's 500 Index fell 0.52, or 0.1 percent, to 1,183.26.

Despite a soft finish, both U.S. indexes rose more than 3 percent for the month.

In currencies, the dollar rose to 80.46 yen from 80.31 yen. The euro rose to $ 1.3957 from $ 1.3945.

U.S. gross domestic product grew by only 2 percent annual pace in the three months to September, slightly faster than the previous quarter but not enough to reduce unemployment, which is hovering near 10 percent.

Which showed weak underlines expectations that Fed policy meeting ended Wednesday will announce a state bond purchase program, known as quantitative relieve, to inject more liquidity into the economy.

Optimistic sentiment reinforced by the expectation that the U.S. Federal Reserve will pump more money into the world's biggest economy to boost its weak recovery.

Trading volume was relatively quick as Fed awaited market action this week, according to Jackson Wong, vice president at Tanrich Securities in Hong Kong.

"It seems that sentiment has turned into a positive direction," he said. "The market is remaining positive ahead of Fed announcement." Those who shorted stocks last week will try to avoid losses by trying to buy the stock today, "he said.

Oil prices rose near $ 82 per barrel after release of the survey showed a jump in China's manufacturing sector for October, especially in orders for new equipment.