Headliner NZX Daily Report

  The NZ sharemarket firmed strongly tod with investors emboldened by the reduction in the central bank’s cash rate and positive MPC comments on an economic recovery starting. The NZX50 gained 81.61 points to 13,532.01. The RBNZ has cut the Official Cash Rate by 25bp to 2.25% and emphasised significant excess capacity in the economy. […]