Air NZ retains altitude as investor buy into raise

Retail investors appear to be supportive of the airline's recovery plan. (Photo: Dan Brunskill)

Fri, 01 Apr 2022

New Zealand's benchmark share index followed a generally weak global trend and declined slightly on Friday but will finish both the week and the month virtually unchanged.The S&P/NZX 50 Index fell 20.8 points, or 0.2%, to 12,089.43, today. Turnover was $111 million.CMC Markets analyst Tina Teng said Asia markets were set to open lower this morning as Wall Street continued to lose ground overnight with investors concerned about a broad economic slowdown. The NZ market fell sharply at the start of the year but has been bouncing back...

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