MARKET CLOSE: NZ shares rise as THL bolsters sentiment

MARKET CLOSE: NZ shares rise as THL bolsters sentiment
Dan Brunskill
New Zealand shares edged higher with Tourism Holdings leading the market after an upgrade to its earnings helped insulate investor sentiment from a one-week extension to current covid restrictions. The S&P/NZX 50 Index rose 42.51 points, or 0.4 percent, to 11,790.54. Within the index, 22 stocks rose, 15 fell and 13 were unchanged. Turnover was $140.6 million. Prime Minister Jacinda Ardern announced Cabinet had decided to extend current alert levels until at least next Monday, and said ministers agreed in principle to lower restrictions th...

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