IkeGPS snatches NZX top spot; RBA rate hike surprises

IkeGPS snatches NZX top spot; RBA rate hike surprises

IkeGPS had the largest rise on New Zealand's stock market after signing contracts worth $26 million, while real estate stocks struggled after the Reserve Bank Australia hiked its target cash rate from 0.1% to 0.35% – surpassing nervous investors expectations.




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