Auckland Airport takes off; NZ shares gain

Dan Brunskill
Tue, 30 Mar 2021

Dan Brunskill
Tue, 30 Mar 2021
New Zealand shares generally edged higher today as the benchmark equity index approached the end of the first quarter down almost 5%.  The S&P/NZX 50 Index rose 78.63 points, or 0.6%, to 12,446.76. Within the index, 22 stocks rose, 18 fell and ten were unchanged. Turnover was $196 million.Sam Trethewey, a portfolio manager at Milford Asset Management, said the market was consolidating after a period of rising interest rates and ahead of quarterly rebalancing.Auckland International Airport led the market higher, up 4% to $7.67, followed...

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