NZ shares tumble as covid persists

Wed, 21 Apr 2021

New Zealand’s share market fell in tandem with equity markets around the world as the global economy continues to be hampered by covid-19 despite vaccine rollouts.The S&P/NZX 50 Index fell 143.21 points, or 1.1%, to 12,535.34. Within the index, 30 stocks fell, 16 rose and four were unchanged. Turnover was $147 million.The fall wiped out almost all the progress made this month as the index moves up and down in volatile jolts, leaving jagged lines painted on the chart. Wall Street declined for a second time overnight Wednesday and...

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