The sharemarket lifted on the close, driven by investor buying in some of the larger stocks on the index like Fisher & Paykel Healthcare. The benchmark S&P/NZX 50 Index gained 21.536 points, or 0.2 per cent, to 12,784.94 on Tuesday. Medical device maker Fisher & Paykel Healthcare, the biggest stock on the index, rose 0.7 per cent to $30.50. Overnight, Wall Street's benchmark S&P 500 index rose 0.3 per cent to a new high of 4,384.63, led by banks, communications and consumer-oriented stocks. The Shanghai Composite Index rose 0.2 per cent to 3,556.27 after Chinese customs data showed export growth in June accelerated to 32.2 per cent over a year earlier.

Source: Stuff July 13, 2021 06:33 UTC