NZ shares jump 1.9% after FBI clears Clinton, bargain hunters return

Mon, 07 Nov 2016

By Sophie Boot Nov. 7 (BusinessDesk) - New Zealand shares jumped 1.9 percent in a global rally following the US Federal Bureau of Investigation confirming no criminal charges are warranted against Democratic presidential candidate Hillary Clinton. The S&P/NZX50 rose 123.98 points, or 1.9 percent, to 6,832.45 as at 2.20pm. That's the biggest percentage gain in eight months, according to Reuters data. Within the index, 40 stocks gained, with eight unchanged and three down. This morning local time, FBI director James Comey said in a lette...

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