Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
The rally comes after US stocks tumbled more than 2.5% on Christmas Eve.
Other major movers in the ASB Regional Scoreboard include Waikato, Auckland, Otago and Bay of Plenty.
A strong advisory board and savvy investors are helping Auror scale globally.
The couple, who founded the Fisher Fund from scratch in 1998, sold it to TSB last August for $90 million.
Not all unitholder resolutions were successful but intentions were made clear
Partial listing of Aussie-owned banks seen as unlikely.
Reserve Bank's proposals for increased banking capital offers other possibilities for change.
Elsewhere, US reacts to Syria withdrawal and Bank of England worries about Brexit.
What NBR Radar companies have to say on three key growth questions.