MARKET CLOSE: Network issue cuts bullish day short

Tue, 25 Aug 2020

An upbeat session was cut short this afternoon as an internet connectivity issue halted trading on the NZX. Tourism Holdings had been leading the market higher on vaccine optimism. The S&P/NZX 50 Index was trading up 72.11 points, or 0.6 percent, at 11,993.18 just before 4pm when the exchange lost its connection. Within the index, 30 stocks were up, 15 were down and five were unchanged. Turnover was $144.3 million. The NZX was put in a trading halt after its network service provider encountered an issue this afternoon which impacted syste...

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