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NZ dollar drifts lower in thin overnight trading as US markets closed
By Tina Morrison Feb 18 (BusinessDesk) – The New Zealand dollar drifted lower overnight in thin trading as US markets were closed for a public holiday. The kiwi fell to 83 59 US cents at 8am in Wellington from 83.72 cents at 5pm yesterday in light trading during the Presidents’...
While you were sleeping European stocks advance
By Margreet Dietz Feb 18 (BusinessDesk) – European stocks climbed as Chinese credit data provided reason for optimism about the outlook for the world’s second-largest economy. Commodities including silver and copper also gained, as the US dollar weakened amid expectations the F...
MARKET CLOSE NZ shares rise, Hallenstein leads gains among retailers, earnings awaited
Feb. 17 (BusinessDesk) – New Zealand stocks rose, paced by Hallenstein Glasson Holdings as retail figures showed there was some growth in the sector and as investors focus on earnings season, which peaks this week. The NZX 50 Index rose 6.588 points, or 0.1 percent, to 4894.988...
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