The New Zealand sharemarket gained more than half a per cent on the back of a sharp fall in unemployment. Photo / NZMEThe New Zealand sharemarket gained more than half a per cent on the back of a sharp fall in unemployment. Photo / NZMEA sharp fall in unemployment, showing the economy is in great shape, boosted the New Zealand sharemarket, which gained more than half a per cent. There were 75 gainers and 55 decliners over the whole market, and trading was strong with 48.59 million shares worth $196.46 million changing hands. Vital Healthcare Property Trust is expecting a $175m revaluation gain for the second half of the financial year ending June, taking its portfolio value to $2.63 billion.

Source: New Zealand Herald August 04, 2021 06:11 UTC