MARKET CLOSE: NZ shares follow Asian rally; exporters F&P Health, A2 gain

Mon, 17 Dec 2018

By Paul McBeth Dec. 17 (BusinessDesk) - New Zealand shares rallied late in the trading session to follow Asian markets higher, led by export-focused firms including Fisher & Paykel Healthcare and A2 Milk. The S&P/NZX 50 index increased 23.08 points, or 0.3 percent, to 8,745.59. Within the index, 18 stocks gained, 25 fell and seven were unchanged. Turnover was $132.3 million. Stocks across Asia gained, as investors regained some optimism about efforts to cool the US-China trade stoush after China confirmed it will lower auto tariffs o...

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