Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
New Zealand shares rose slightly on Tuesday after Wall Street ended in mixed trend, while Australian shares rose to 10-year highs.
The markets helped by firmer financials and as miners found support on solid commodity prices after China issued new curbs on steel production.
The benchmark S&P/NZX 50 index was up 0.3 per cent in lacklustre trade, with gains in healthcare stocks outweighing losses in telecoms and industrials, reports Reuters.
Ryman Healthcare Ltd climbed to record levels and EBOS Group Ltd touched over eight-month highs.
However, Spark New Zealand Ltd slipped 1.0 per cent to a near five-week low.