NZX 50 Posts Best Daily Gain in Nearly Two Months
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New Zealand's S&P/NZX 50 index rose 1.2% to 13,292, marking its best daily gain since early August and the fifth consecutive monthly increase. The rise was driven by an 11.4% jump in consumer services, particularly Restaurant Brands, which surged over 65% after receiving a takeover notice from Finaccess Restauración. Other sectors, including financials, also saw gains. However, concerns over a potential US government shutdown and mixed Chinese PMI data added to global uncertainty.
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