MARKET CLOSE: NZ shares buck global sell-off

Tue, 22 Sep 2020

New Zealand shares rose as renewed fears of further pandemic lockdowns in Europe pushed the kiwi dollar lower and improved the outlook for Fisher & Paykel Healthcare.The S&P/NZX 50 Index rose 70.12 points, or 0.6 percent, to 11,609.22. Within the index, 24 stocks rose, 21 fell and five were unchanged. Turnover was $145.6 million.Global markets were weaker as concern grew climbing covid-19 cases in the United States and Europe may lead to tighter restrictions. European bourses fell more than 3 percent, Wall Street dropped approximat...

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