Despite a middling economy, signs of life have emerged from an unlikely source - the automotive industry. A handful of auto companies have reported robust.
The New Zealand sharemarket continued to drift sideways while the Australian Reserve Bank kept its cash rate on hold but was still talking tough. The S&P/NZX.
Top 50 additions Gentrack and Turners Automotive had strong rises while the New Zealand sharemarket lacked direction and finished flat. It was a familiar.
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