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MARKET WRAP: NZ shares rise as US-NK summit wraps up

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New Zealand shares were up today, as the historic Singapore summit between Kim Jong Un and Donald Trump played out, which analysts tipped to favour the North Korean leader.

The NZX50 index rose 18.5 point to 8,977.31, on turnover of $147 million.

President Trump said today he would halt US military exercises in South Korea in exchange for a pledge from Mr Kim to denuclearise the Korean peninsula.


© The National Business Review