MARKET CLOSE: Sky TV leads gains for second day

Tue, 08 Sep 2020

New Zealand shares rose on light volume as investors took a cue from European share markets with Wall Street closed for Labor Day. Sky Network Television continued to rally ahead of its result. The S&P/NZX 50 Index increased 36.18 points, or 0.3 percent, to 11,895.63. Within the index, 30 stocks rose, 16 fell and four were unchanged. Turnover was $125.8 million. “It’s been a predictably quiet start to the week with US markets out for the Labor Day holiday and not much in the way of new news released,” Mike Jones, an ASB economist said....

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