News

​Global markets ​added to gains overnight as US market notched fresh record highs​, ​as data pointed to a resilient ​US domestic economy​.​

The NZX 50 index once again moved above the 11,000 level, ​as the official MSCI New Zealand Index re-weightings drove more than half a billion dollars of activity in the market’s busiest day for almost a year-and-a-half. 

Global markets rallied overnight, as US stock indices hit new record highs with reports the US and China were nearing a trade truce sparking a rally in Apple and semiconductor stocks, with sentiment also buoyed by a raft of blockbuster deals.​​

weekly 25 nov 19

Wall Street ended the week on a positive note, with optimistic comments from both Xi Jinping and Donald Trump on efforts to bridge their trade differences.