Serko cracks $7 as NZ shares rise

Mon, 29 Mar 2021

Travel booking software company Serko broke through $7 per share while the broader market was supported by gains in renewable energy stocks. The S&P/NZX 50 Index rose 19.3 points, or 0.2%, to 12,368.13. Within the index, 16 stocks rose, 25 fell and nine were unchanged. Turnover was $150 million.Serko led the market, climbing 3.6% to reach an all-time high of $7.01, bringing its gain in March alone to more than 20%. The stock traded as low as $1.13 in March last year as the pandemic decimated the travel industry. Craig Brown, a por...

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