(MENAFN) New Zealand shares rose, led by Restaurant Brands and A2 Milk while Xero and Scales Corp fell, with investors still uncertain about the make-up of the next government.
The S&P/NZX50 Index gained 21.32 points, or 0.3 per cent, to 8,112.05. Within the index, 25 stocks rose, 17 fell and eight were unchanged. Turnover was $149 million.
Grant Williamson, director at Hamilton Hindin Greene, said the market was doing well in line with offshore markets, though it's still waiting for NZ First leader Winston Peters to decide which party he will form the next governing coalition with.
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