MARKET CLOSE: Travel stocks lead stock market higher

Tue, 06 Oct 2020

Travel stocks led the New Zealand share market higher as Air New Zealand continued to rally on Australia's borders opening and Serko's oversubscribed capital raising interested investors.The S&P/NZX 50 Index rose 76.75 points, or 0.7 percent, to 11,975.02. Within the index, 35 stocks rose, 12 fell and three were unchanged. Turnover was $146.1 million.Air New Zealand led the market higher, rising 3.7 percent to $1.56. The national carrier has gained more than 10 percent since a one-way safe travel corridor from NZ into Australia was...

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