Fonterra Fund leads NZ shares higher

Wed, 30 Jun 2021

New Zealand shares edged higher led by the Fonterra Shareholders’ fund after the cooperative gave an update showing strong growth in both production and exports. The S&P/NZX 50 Index rose 13.66 points, or 0.1%, to 12,654.6. Turnover was $190 million.Global share markets have continued to push higher, leaving NZ in their wake. The S&P 500 hit a fresh record overnight, and European indices were positive.ASB economist Mike Jones said impressive economic data had been rolling out but not spurring much reaction. “This c...

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