New Zealand shares rose on Wednesday, helped by health technology stocks.
The S&P/NZX 50 Index rose 0.47% or 58.87 points to close at 12,703.10.
Health technology shares gained the most on the New Zealand Exchange, rising 2.7%, with Fisher & Paykel Healthcare (ASX:FPH, NZE:FPH) shares rising 4%.
In domestic news, New Zealand widened its goods surplus to NZ$1.43 billion in April from NZ$794.4 million in March as exports logged double-digit growth, Stats NZ data showed.
Also, seasonally adjusted total billings in New Zealand were up 0.5% year on year to NZ$4.4 billion in April, data from the Reserve Bank showed on Wednesday.
In corporate news, Infratil (ASX:IFT, NZE:IFT), together with The Future Fund, completed the acquisition of a 12.04% stake in CDC Data Centres from Commonwealth Superannuation, increasing its ownership of CDC to 49.75%.
Meridian Energy (ASX:MEZ, NZE:MEL) will replace five transformers at the Manapouri Power Station in New Zealand over the next two and a half years after independent experts warned they may develop faults similar to units removed in 2023.
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