MARKET CLOSE: NZ shares rise as investors eye re-opening world economy

Tue, 26 May 2020

New Zealand shares rose as the further relaxing of global covid-19 restrictions bolstered investor confidence. The S&P/NZX 50 Index advanced 138.94 points, or 1.3 percent, to 10,914.74. Within the index, 33 stocks rose, 16 fell and one was unchanged. Turnover was $136.6 million. Investor sentiment was buoyed as more of the global economy opened up, clearing the way for a recovery from the economic damage left behind by the covid-19 outbreak and international lockdowns. Today, Japan ended its nationwide state of emergency after new cor...

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