MARKET CLOSE: NZ shares hit record as prospect of US-China trade deal buoys Asia; A2 gains

Mon, 04 Mar 2019

By Paul McBeth March 4 (BusinessDesk) - New Zealand shares rose to a record high as the prospect of a trade deal between the US and China helped buoy stock markets across Asia. Dairy exporters A2 Milk and Synlait Milk were among the day's leaders. The S&P/NZX 50 Index increased 61.81 points, or 0.7 percent, to 9,413.49, touching a record 9,420.14 during the session. Within the index, 34 stocks rose, 13 fell, and three were unchanged. Turnover was $135 million. Stocks across Asia were stronger as speculation that the US and China were...

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