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NZ sharemarket rallies 1.79% on Middle East peace talk hopes

Source: nzherald.co.nz

The NZ sharemarket index rose 227.55 points to close at 12,929.3, gaining 1.79% for the day.
Investors responded positively to emerging signals of potential peace negotiations in the Middle East conflict.
The steady upward movement throughout the trading day reflected growing market confidence in geopolitical de-escalation.

New Zealand's main sharemarket index posted a solid gain on growing optimism about possible peace talks in the Middle East. The positive sentiment drove consistent buying throughout the day, pushing the S&P/NZX 50 Index higher as investors responded to signals that the escalating regional conflict might move toward negotiation rather than further escalation.