New Zealand stocks extend gains

New Zealand stocks extended gains to a second session on Tuesday as US stocks rallied overnight thanks to a growing sense of relief that Hillary Clinton will likely win the US Presidential election.

The benchmark S&P/NZX 50 index rose 0.3 per cent to finish at 6,894.35.

Gains were led by industrials and telecom stocks.

Auckland International Airport Ltd and Spark New Zealand Ltd rose more than 1.4 per cent, according to a news agency report.