Vista helps NZX50 end week up 1.3%

Fri, 27 Aug 2021

New Zealand shares edged higher, led by Vista Group International, after a week of strong gains saw the benchmark index climb 1.3%.The S&P/NZX 50 Index rose 8.17 points, or 0.1 percent, to 13,059.78. Turnover was $198.5 million.Vista was the star of the show, climbing 8.4% to $2.46 as investors welcomed a significantly smaller loss due to the company keeping costs low.The result was a net loss of $2.6m in the six months ended June, narrowing from $43.2m in the previous comparable period.The cinema software firm said there is now a strong pi...

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