The NZX 50 market index is close to major milestone, with the index trading just below the 10,000 level. Local investor sentiment was buoyed by the NZ government's decision to ditch a proposed capital gains tax as well as weak inflation data.
Global markets were higher on Friday as US shares were boosted by better-than-expected job growth in March (with the unemployment rate holding near a 49-year low), which eased concerns of an economic slowdown
The NZ market continues to surge, with the NZX close to the 10,000 index level. The ASX also traded higher as investors digested a Reserve Bank decision as well as the Federal Budget on “Super Tuesday” which
Apple is attempting to reintroduce itself as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade.
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