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NZ shares up broadly on dollar weakness, TradeMe and A2 gain while Fonterra sinks

Friday 10th of August 2018

The S&P/NZX50 Index rose 70.42 points, or 0.8 percent, to 9,010.61. Within the index, 40 stocks rose, seven fell and three were unchanged. Turnover was $111 million.

Greg Easton, investment adviser at Craigs Investment Partners, said it was a fairly positive day for the benchmark index, with yesterday's boost from the weaker New Zealand dollar following the more dovish than expected...

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