NZ sharemarket ends up 0.6% after jobs data
New Zealand share prices ended firm on the back of takeover activity and better-than-expected unemployment data.NZ sharemarket ends up 0.6% after jobs data
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Infratil’s comeback has helped the New Zealand benchmark offset the effects of a guidance downgrade from SkyCity.
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New Zealand shares have continued their green streak as composure returns to markets following an unruly April.
MORE»Mainfreight, China optimism drive stocks higher
Optimism that there may soon be a solution to the US-China trade impasse helped drive the New Zealand sharemarket higher, along with others around the region.
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The New Zealand benchmark has kicked off the month on the front foot but is still being outgunned by its counterpart on the other side of the Tasman.
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