NZ sharemarket up over 1.2% on back of heavyweight rises
Fisher & Paykel Healthcare and Infratil again led the way as the New Zealand sharemarket rose more than 1.2%, while the Reserve Bank of NZ kept the Official Cash Rate unchanged in a close call.

The S&P/NZX 50 Index traded strongly from midday and closed at 13,227.81, a gain of 158.07 points or 1.21%. ⌘ Read more