NZ sharemarket rallies, up almost 1%
The New Zealand sharemarket rallied nearly 1% after the large block of Contact Energy shares was quickly snapped up, and US President Donald Trump indicated he was in the final stages of a peace deal with Iran.

Following another rebound on Wall Street, the S&P/NZX 50 Index climbed to 12,878.07, a gain of 117.04 points or 0.92%. ⌘ Read more