NZ sharemarket up 1% for the day
The S&P/NZX 50 climbed steadily at noon after hitting a low of 11,645.4 and closed at 11,802.88, up 117.93 points or 1.01%.
There were 81 gainers and 41 decliners on the main board, and trading resumed normal service with 43.91 million shares worth $121.45m changing hands.
Matt Goodson, managing director of Salt Funds Management, said the local market went higher as the day went by on the continuation of rising offshore bourses.
The Hong Kong Hang Seng Index had risen 2.54% to 15,341.39 points; the Nikkei 225 Index in Tokyo was up 0.28% to 36,660.93; and the S&P/ASX 200 Index had increased 0.5% to 7513.7 at 6pm NZ time.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.