MARKET OPEN: Stock market poised for strong end to September

Tue, 29 Sep 2020

New Zealand’s stock market is poised to rise for another session after a stronger lead from Wall Street where investors appear to be resetting their portfolios for the end of the quarter.The S&P/NZX 50 Index has advanced 3.1 percent so far this quarter, getting a boost yesterday by a rally among electricity generators after the Labour Party pledged that it too will cut a deal to extend the life of the Tiwai Point aluminium smelter if it’s returned to power.New index constituent Serko has been the pick of the pack, up 39.4 percen...

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