NZ shares sail through choppy waters as Nvidia spooks global investors

NZ shares sail through choppy waters as Nvidia spooks global investors
Across the main board, 41 rose, 93 stocks fell, and 45 were unchanged. (Image: Getty)
Paul McBeth
New Zealand shares rose, outperforming Asian stock markets, as a slump in US chipmaker Nvidia weighed worldwide tech stocks, which aren’t a big feature on the local bourse. The S&P/NZX 50 Index advanced 18.84 points, or 0.2%, to 12,553.35. Across the main board, 41 rose, 93 stocks fell, and 45 were unchanged. Turnover was $126.6 million, of which Infratil accounted for $15.1m, Fisher & Paykel Healthcare $14.7m and Auckland International Airport $13.9m as investors sought out local blue-chip companies. Wall Street set a m...

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