NZ shares and dollar rise as optimism lingers

NZ shares and dollar rise as optimism lingers
Dan Brunskill
New Zealand shares and the kiwi dollar both gained as investors remained positive that a covid-19 vaccine could soon be available.    The S&P/NZX 50 Index rose 44.75 points, or 0.4 percent, to 12,744.92. Within the index, 26 stocks fell, 15 rose and nine were unchanged. Turnover was $156.2 million.On Friday, both US covid-19 cases and the S&P 500 hit new records, investors seem less concerned with the rising case numbers now a promising vaccine has emerged. The kiwi dollar climbed to 68.77 US cents at 5pm in Wellington, u...

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