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Market Update: NZX Eases Off One-Month High
Stocks in New Zealand opened lower on Wednesday, with the benchmark NZX 50 pulling back from a one-month peak hit in the prior session, weighed down by a sell-off in the utilities and industrials sectors. Tourism Holdings Ltd and Arvida Group Ltd were among the biggest laggards on the NZX, down 2.0% and 1.6%, respectively. [/s2If]
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