MARKET CLOSE: Shares rise, cyber attack interrupts trading

Wed, 26 Aug 2020

New Zealand shares edged higher in a highly compressed trading session after a second cyber attack in as many days caused trading to be halted for more than three hours. The S&P/NZX 50 Index rose 38.33 points, or 0.3 percent, to 12,031.51. Within the index, 29 stocks rose, 16 fell and five were unchanged. Turnover was strong, at $218.8 million, despite the short session. The benchmark index opened weaker, but trading was paused after the distributed denial of service attack that took down the exchange yesterday was repeated. The exchan...

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