NZ sharemarket lifts after positive news from the US

NZ sharemarket lifts after positive news from the US
The NZ sharemarket followed Wall Street today. (Image: Getty)
Graham Skellern
Spurred by Wall Street, the New Zealand sharemarket rebounded nearly one percent, and Hallenstein Glasson reached a 12-month high on the likelihood that it will be included in the NZX top 50.After two down days, the S&P/NZX 50 Index ended the week with a gain of 101.62 points or 0.85% to 12,019.84. The index has now risen 4.6% for the year so far.There were 85 gainers and 45 decliners over the whole market on improved volume of 49.31 million shares worth $157.91m.Clothing retailer Hallenstein Glasson surged 41c or 7.02% to $6.25 - it was at...

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