New Zealand Stocks End Slightly Higher
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The S&P/NZX 50 index in New Zealand rose 0.1% to 13,518, continuing a two-day gain as investors adjusted positions before the Christmas break. Trading was light due to holiday hours and lack of strong catalysts. Financials, led by Westpac Banking (+2.3%) and ANZ Group (+1.7%), offset declines in non-energy minerals, with Fletcher Building down 3%. The index is set for a 3% annual gain in 2025.
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