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NZ shares extend gain

New Zealand shares were led higher by exporter A2 Milk as cooling trade tensions between China and the US allayed fears of slowing global growth and boosted stock markets across Asia. 

The S&P/NZX 50 index gained 52.55 points, or 0.6 percent, to 8,876.09. Within the index, 22 stocks rose, 24 fell and four were unchanged. Turnover was $96 million. 

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