The New Zealand sharemarket tumbled one per cent to a near-low for the year, triggered by a sell-off in leading stocks and not the tax-friendly Budget. The.
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Technology firm Vista Group dominated the trading and price movements, rising 14 per cent, after gaining a new majority shareholder on an otherwise quiet day.
The New Zealand sharemarket fell sharply and then recovered its nerve after the Reserve Bank dashed hopes of an early cut to interest rates. The S&P/NZX 50.
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