MARKET CLOSE: NZ shares climb as Kathmandu, A2 lead exporter rally

Tue, 16 Apr 2019

By Paul McBeth April 16 (BusinessDesk) - 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. The S&P/NZX 50 Index climbed 62.04 points, or 0.6 percent, to 9,908.39. Within the index, 25 stocks rose, 18 fell and seven were unchanged. Turnover was $149 million. A2 hit a record $16 and ended the day at $15.77, up 3.6 percent on a volume of 1.5 million, more than its 90-day average of 858,000. The milk marketing firm...

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