MARKET CLOSE: NZ shares join global rally; Pushpay, Scales, Heartland recover

Thu, 27 Dec 2018

By Paul McBeth Dec. 27 (BusinessDesk) - New Zealand shares joined the post-Christmas global rally, with beat-up stocks including Pushpay, Scales Corp and Heartland Group among those leading the gains. The S&P/ NZX 50 index rose 60.01 points, or 0.7 percent, to 8,774.52, its highest close in two weeks. Within the index, 28 stocks gained, 16 fell, and six were unchanged. Turnover was a quiet $58.3 million. Stock markets across Asia followed Wall Street's cue, with Australia's S&P/ASX 200 index up 1.8 percent in afternoon trading, Hong...

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