NZ shares rise as investors bet on earnings results
The S&P/NZX 50 Index rose 18.15 points, or 0.2%, to 12,428.62. Within the index, 17 stocks fell, 27 rose and six were unchanged.
Travel booking software developer Serko jumped 4.9% to $6.70 ahead of its full-year earnings report on Wednesday morning.
The stock has weathered the pandemic well and reported in March that transaction volumes had recovered to 68% of pre-covid levels. The company had prepared for scenarios anywhere between 30% and 70%.
That good news came before the free travel bubble with Australia opened in April, so investors may be expecting further good news from the company in its earnings report.
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