Market Close: NZ shares bounce back from bad week

New Zealand's headline share index rose Monday as they bounced back from a 1.3% fall last week led by Pushpay and A2 Milk.The S&P/NZX 50 Index rose 56.3 points, or 0.4 percent, to 12,964.46. Turnover was $124 million.Last week’s worst performers were among today’s best performers as bargain-hunting investors bought those stocks.A2 Milk Company, which fell almost 7% last week after being dropped from an index, jumped 4.5% to $6.50 today, and Pushpay Holdings was up 3.4% at $1.52 having fallen more than 20% last week.Similarly...
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