NZX up more than 0.5% as weak dollar boosts some stocks

he index has now risen nearly 5.25% so far this year. (Image: NZME)

Tue, 30 Jul 2024

Global exporters Fisher and Paykel Healthcare and a2 Milk, helped by a weaker currency, led the New Zealand sharemarket higher, rising more than 0.5%. The S&P/NZX 50 Index bounced at the opening and traded steadily throughout the day to close at 12,391.05, a gain of 77.43 points or 0.63% after reaching an intraday high of 12,435.96. The index has now risen nearly 5.25% so far this year.There were 79 gainers and 54 decliners on the main board, with 45.49 million shares worth $127.32m changing hands.Jeremy Sullivan, an investment adviser...

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