NZX 50 Logs Best Daily Gain in Over 4 Months
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The S&P/NZX 50 Index rose 1.3% to 13,508, marking its best gain since August, driven by optimism in AI stocks and potential Fed policy easing. Health-related shares led the rise, with notable gains in Fisher & Paykel Healthcare, EBOS Group, and AFT Pharmaceuticals. The health services sector also saw significant increases, along with non-energy minerals like Fletcher Building and Santana Minerals. The index is on track for a 3% annual gain in 2025.
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