NZ sharemarket starts week up 0.9% after late surge

Good dairy news lifted investors. (Image: Getty)

Mon, 10 Mar 2025

New Zealand stocks ended firmly after a late surge of buying, the benchmark S&P/NZX50 index getting a boost from big gains in the dairy sector and a bounce in Fisher and Paykel Healthcare.The S&P/NZX 50 Index closed 116.19 points (0.94%) higher at 12,515.97, with 33.76 million shares (worth $142.9m) trading on the main board.There were 85 gains and 50 falls.Prices had only been modestly firmer during most of the session before late buying pushed the index close to a 1% gain.Among the other indices, the S&P/NZX20 index closed at 7457...

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