NZ shares rise on trans-Tasman bubble launch

Mon, 19 Apr 2021

Auckland International Airport led the share market higher as Australian visitors poured through its international terminal for the first time since March last year. The S&P/NZX 50 Index rose 83.1 points, or 0.7%, to 12,767.83. Within the index, 30 stocks rose, 14 fell, and six were unchanged. Turnover was $153.6 million.Opening the bubble with Australia has many economic implications and likely “marks another big step back towards life as we knew it”, said Chris Tennent-Brown, an ASB Bank economist. Personal travel be...

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