NZ shares up; Gentrack surges

NZ shares up; Gentrack surges
Dan Brunskill
New Zealand's main share index broke a three-day decline after US markets had modest gains overnight and as software company Gentrack jumped 20%.The S&P/NZX 50 Index rose 154 points, or 1.2%, to 13,275.76. Turnover was $220.9 million, higher than usual as investors rebalanced their portfolios at the end of the month. Australasian markets outperformed other global indices in trading on Thursday, powered in part by soaring prices for gas and coal – both key Australian exports.Banking and mining stocks rallied on the ASX, draggi...

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