MARKET CLOSE: NZ shares join Asian rally as Chinese data boosts investor confidence

Mon, 01 Apr 2019

By Paul McBeth April 1 (BusinessDesk) - New Zealand shares continued their march higher, joining a rally across Asia as better than expected Chinese manufacturing data lifted investor confidence. Tourism Holdings led the market higher. The S&P/NZX 50 Index increased 8.96 points, or 0.1 percent, to a record close 9,853.91. Within the index, 28 stocks rose, 19 fell, and three were unchanged. Turnover was $127 million. Stock markets across Asia rose after the Caixin/Markit manufacturing purchasing managers' index showed unexpected expan...

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