Vista, Air NZ surge on vaccine hopes

Tue, 10 Nov 2020

New Zealand stocks hardest hit by the covid-19 pandemic registered double-digit gains after drugmakers Pfizer and BioNTech said their prospective vaccine was more than 90 percent effective in a trial.Stocks on Wall Street - already enjoying the Biden Bounce - rallied further on reports that preliminary data from a 44,000-volunteer study showed 90 percent participants who received the drug had fewer cases of symptomatic covid-19 than those who received a placebo.Safety data will not be available until later this month and Pfizer and BioNTech hav...

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