New Zealand shares hit all-time high

Published: October 05, 2017 12:54:34 | Updated: October 24, 2017 07:05:59


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New Zealand shares hit an all-time high aided by consumer stocks on Thursday.

The benchmark S&P/NZX 50 index was up 0.4 per cent, or 31.26 points, to hit an all-time high at 7,980.95.

Strong consumer and telecom stocks pushed New Zealand’s S&P/NZX 50 index gains, reports Reuters.

Market darling a2 Milk was up 4.7 per cent, hitting all-time high of NZ$7.21, while Spark New Zealand rose as much as 1.7 per cent, posting its biggest one-day gain in nearly a month.

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