NZ shares flat as strong kiwi saps rally

Wed, 02 Dec 2020

New Zealand's main share index was flat as a stronger kiwi dollar crimped interest in exporters such as Fisher & Paykel Healthcare, while other parts of the market rallied.The S&P/NZX 50 Index fell 1.2 points, or 0.01 percent, to 12,728.69. Within the index, 25 stocks rose, 16 fell and nine were unchanged. Turnover was $180.2 million.With the majority of stocks moving higher on the day, exporters dragged the index marginally into the red. The kiwi dollar took another step upwards, hitting 70.72 US cents at 5pm in Wellington fro...

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