
The Markets
NZ shares rise as Fletcher Building hikes forecast
Wednesday 16th of February 2022
The S&P/NZX 50 Index rose 183 points, or 1.5%, to 12,121.65. Turnover was $115 million.
Shares markets around the world had generally moved higher over the past 24 hours as investors welcomed “cooling geopolitical tensions,” said Tina Teng, a CMC Markets analyst.
The US dollar weakened with investors sensing less risk of fallout from the crisis, which helped the...
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