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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A runway delay at Auckland Airport has kept the NZX in the red as markets across the ditch continued their rebound.
MORE»NZ sharemarket up as Trump eases tariff stance
The New Zealand sharemarket rose on Monday after US President Donald Trump eased his language around tariffs to the relief of investors.
MORE»NZ sharemarket up but Pacific Edge waits for coverage confirmation
The New Zealand sharemarket rose today following Genesis’ release of its third-quarter report late on Wednesday. At the same time, Pacific Edge awaits a crucial decision Friday on whether it will retain US coverage.
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