NZX50 holds at 13,000 after strong earnings results

Dan Brunskill
Tue, 24 Aug 2021

Summerset Holdings reported half year earnings were up more than 60%.
Summerset Holdings reported half year earnings were up more than 60%.
Dan Brunskill
Tue, 24 Aug 2021
New Zealand shares were almost flat as investors reacted to upbeat earnings results from Heartland Group and Summerset Holding, while some larger stocks declined.    The S&P/NZX 50 Index rose 7.79 points, or 0.1%, to 13,071.86. Turnover was $200 million.Pushpay Holdings rose as investors continued to digest its acquisition of a church live streaming business for US$150m.Investors initially had a cautious response to the news, Pushpay shares actually fell 2.5% following the announcement before recovering to close half a percent hig...

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