NZ shares follow Wall St higher in light trading; Meridian, F&P, A2 rise
New Zealand shares extended their gains on the back of improved sentiment in the US. Exporters including Fisher & Paykel Healthcare and A2 Milk benefited from a weaker kiwi dollar.
MORE»NZX50 tops 10,000, growing 284% in past decade
The S&P/NZX 50 Index broke through the 10,000 level for the first time today, and has climbed about 284 during the past 10 years.
MORE»Sharemarket records 1.8% gain in a week
New Zealand shares drifted off their high heading into the Easter holiday, but still managed a 1.8 percent gain this week as weak inflation spurred on expectations for an interest rate cut, making companies paying reliable dividends a bit more attractive.
MORE»Knock, knock, knocking on the magical 10,000 mark
New Zealand shares hit a new record as retirement village operators including Summerset Group and Metlifecare rallied on the government's decision to ditch a capital gains tax.
MORE»Exporters drive sharemarket higher
New Zealand shares rose for a fourth day as exporters including Kathmandu Holdings and A2 Milk helped drive the market higher amid growing optimism over US-China trade talks.
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