MARKET CLOSE: NZ shares rise as covid-19 crater passes

Fri, 17 Apr 2020

New Zealand shares finished an already strong week with an extra surge as investors anticipated the end of strict lockdowns locally and in the United States. Tourism Holdings and SkyCity Entertainment Group notched up double-digit gains. The S&P/NZX 50 Index rose 305.53 points, or 2.9 percent, to 10,778.72. Within the index, 41 stocks increased, six fell and three were unchanged. Turnover was $354.4 million. The local benchmark is up more than 8 percent from the close before Easter weekend as the number of new virus cases continue...

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