MARKET CLOSE: NZ stock index rises to record; Fletcher Building, Sky TV rise while Scales, NZX drop

Fri, 06 Jul 2018

By Sophie Boot July 6 (BusinessDesk) - New Zealand's benchmark stock index rose to a record, with Fletcher Building and Sky Network Television gaining while Scales and NZX dropped. The S&P/NZX 50 Index gained 21.19 points, or 0.2 percent, to an all-time high of 9,084.04. Within the index, 22 stocks rose, 18 fell and 10 were unchanged. Turnover was $108.4 million. Trump's 25 percent tariffs on US$34 billion of Chinese goods were imposed from 4pm Friday New Zealand time. In a statement after that deadline passed, China's Commerce Ministr...

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