MARKET CLOSE: Shares end muted week with small rise

Fri, 23 Oct 2020

New Zealand's main share index rose half a percent today, closing out a week of muted trading.Markets across the globe have failed to gain traction as US stimulus negotiations floundered in the run up to the presidential election.The S&P/NZX 50 Index rose 63.05 points, or 0.5 percent, to 12,470.34. Within the index, 31 stocks rose, 14 fell, and five were unchanged. Turnover was $163.8 million.Today’s half a percent rise was one of the more significant moves in a week where bullish and bearish investors seemed to be stuck in a tug...

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