MARKET CLOSE: NZ shares bounce with Wall St

Thu, 10 Sep 2020

New Zealand shares bounced on improved investor sentiment as share markets on Wall Street snapped out of a three-day correction. The S&P/NZX 50 Index rose 72.67 points, or 0.6 percent, to 11,811.78. Within the index, 27 stocks rose, 18 fell and five were unchanged. Turnover was $183.7 million. Global equity markets rebounded after experiencing aggressive selling in the past week, interrupted by Labor Day in the United States. Wall Street indices rose about 2 percent each, with the Nasdaq Composite the best performer up 2.7 percent....

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