MARKET CLOSE: NZ shares rise as leisure economy set to resume

Fri, 08 May 2020

New Zealand shares rose as stocks exposed to consumer leisure sectors found support with coronavirus restrictions set to ease, led by pay-TV operator Sky Network Television. The S&P/NZX 50 increased 46.36 points, or 0.4 percent, to 10,695.59. Within the index, 21 stocks rose, 26 fell, and three were unchanged. Turnover was $181.1 million. Firms hamstrung by the covid–19 containment picked up more support today as investors rallied around stocks with exposure to the leisure sector, with the prospect of looser restrictions allowing more a...

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