Market Close: Travel stocks take NZX 50 higher

(Photo: Getty)

Mon, 04 Oct 2021

New Zealand’s sharemarket was led higher by travel stocks which rallied with Australian peers on the news more international travel would be allowed in that country from next month.The S&P/NZX 50 Index rose 58 points, or 0.4%, to 13,340.82. Turnover was $115 million.Under new rules outlined by prime minister Scott Morrison on Friday, Australians will be allowed to travel abroad once 80% of the local population is vaccinated.Those that are vaccinated will be able to quarantine at home for a week, while those who have not had the shot w...

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