The Markets

NZ equities and dollar follow GDP higher

Thursday 17th of December 2020

 

The S&P/NZX 50 Index rose 59.78 points, or 0.5 percent, to 12,888.77. Within the index, 28 stocks fell, 17 rose and five were unchanged. Turnover was $160.4 million.

Data released by StatsNZ today showed gross domestic product expanded 14 percent in the September quarter, a stronger than expected rebound from the previous quarter which recorded an 11 percent contracti...

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