MARKET CLOSE: NZ shares follow ASX higher on optimism over US trade deal

Tue, 11 Jun 2019

By Paul McBeth June 11 (BusinessDesk) - New Zealand shares followed Australian stocks higher as traders across the Tasman returned from a long weekend more optimistic after the US administration made trade-friendly noises in recent days. Exporter A2 Milk led the local market higher. The S&P/NZX 50 Index rose 111.54 points, or 1.1 percent, to 10,139.15. Within the index, 30 stocks gained, 15 fell, and five were unchanged. Turnover was $118.5 million. The local market lagged behind its Australian counterpart. The S&P/ASX 200 Index was...

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