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Market Update: NZX Rises for Third Day
New Zealands main stock index opened Tuesdays session on a high note, with the benchmark NZX 50 climbing above the 12,600 level for the first time in over a month, as gains in the healthcare sector offset losses among consumer discretionary stocks. In the lack of any stronger catalyst, investors weighed optimism about the reopening of more economies against lingering concerns about rising inflation. Fisher & Paykel Healthcare Corporation Ltd and A2 Milk Company Ltd were among the biggest gainers on the index, up 2% and 1%, respectively. [/s2If]
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