MARKET CLOSE: NZ shares follow Wall St higher in light trading; Meridian, F&P, A2 rise

Wed, 24 Apr 2019

By Paul McBeth April 24 (BusinessDesk) - 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. The S&P/NZX 50 Index rose 66.9 points, or 0.7 percent, to 10,071.74. Within the index, 29 stocks gained, 15 fell, and six were unchanged. Turnover was $110.6 million. The New Zealand market followed international cues as Wall Street set the tone. The Nasdaq and S&P 500 closed at records as better-than-expected earni...

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