Infratil and Ebos lift NZX 0.74%; Tariff walkback eases markets

Infratil and Ebos lift NZX 0.74%; Tariff walkback eases markets
More than 30% of the value of Infratil's portfolio is in its CDC investment. (Image: Supplied)
Gregor Thompson
The New Zealand benchmark continued its rebound after a couple of the index's largest constituents produced positive signals late last week.The S&P/NZX 50 Index rose 0.74% to 12,107.54 to start the week, with 90 stocks gaining throughout the day. A total of 24.8 million shares changed hands, amounting to $103.2m in value traded. The benchmark has recovered 2.82% from where it closed on April 7, after it fell victim to a multiple-day global market rout precipitated by the United States’ tariff announcements on April 2.At 5pm,...

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