MARKET CLOSE: NZ shares rise on improved US-China trade outlook

Mon, 04 Nov 2019

New Zealand shares joined a rally across Asia as easing trade tensions between the US and China helped buoy investor sentiment. Exporter Fisher & Paykel Healthcare was among firms that gained. The S&P/NZX 50 Index increased 39.86 points, or 0.4 percent, to 10,801.55. Within the index, 23 stocks rose, 15 fell and 12 were unchanged. Turnover was $79.2 million. Stocks across Asia were higher, following the upbeat tone from Wall Street on Friday, as investors remained optimistic that a trade deal between US and China can be reached. US Comm...

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