NZ shares lift as US election results look to be largely as expected

Wed, 07 Nov 2018

By Rebecca Howard Nov. 7 (BusinessDesk) - New Zealand shares rose as results from the US midterm elections seemed to indicate the Democrats would take control of the House but wouldn't win the Senate. Z Energy gained while A2 Milk and Synlait Milk fell. The S&P/NZX 50 index rose 38.37 points, or 0.4 percent, to 8,854.79. Within the index, 27 stocks rose, seven were unchanged and 16 fell. Turnover was $121.2 million. Most Asian share markets were in positive territory, but the reaction was fairly muted as the result was in line with e...

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