NZX50 rounds out 30% gain in 2019

Tue, 31 Dec 2019

The S&P/NZX 50 Index rose 30.4 percent in 2019 as low interest rates and a relatively robust economy encouraged investors to pursue returns in equity markets.The benchmark index fell 64.55 points, or 0.6 percent, to 11,491.90 in shortened trading today. Within the index, 27 stock fell, 18 rose, and five were unchanged. Turnover was $56.9 million.The half-day session to end the year was marked by retirement village operators and aged care providers giving up some of their recent gains. The sector has been buoyed by the $1.5 billion takeover...

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