NZ shares bounce after dire February

Mon, 01 Mar 2021

New Zealand investors started the week on a generally positive note as earnings season wound to a close and Vista Group International reported a strong cash position despite the pandemic. The S&P/NZX 50 Index rose 74.52 points, or 0.6%, to 12,301.81. Within the index, 28 stocks rose, 17 fell and five were unchanged. Turnover was $133.5 million.Investors are hoping for better returns in the month of March after the benchmark index dropped 7% last month. “February ended on a volatile note, with global share markets falling ac...

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