New Zealand, posting a solid half of a per cent gain, joined other regional sharemarkets in bouncing back as tension between Iran and Israel appeared to.
There’s been a stellar run for sharemarkets in the United States, Japan and Europe with fresh highs being hit. The S&P 500 has risen in 15 of the last 17.
The New Zealand sharemarket’s five-day winning streak has come to an abrupt end, driven in part by weaker banking stocks. The S&P/NZX50 index finished at.