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The Markets

NZ shares up as investors ignore uncertainty

Friday 13th of August 2021

The S&P/NZX 50 Index rose 82.25 points, or 0.7%, to 12,764.06. Turnover was $134 million.

Most of the biggest gainers were stocks reversing recent downward trends, while some strong-performing stocks declined.

Fisher & Paykel Healthcare rose 2.4% to $31.63, having dropped more than 4% in recent sessions. SkyCity Entertainment Group climbed 2.2% to $3.20, bouncing from a near six-month low.

Travel booking software company Serko was up 2.2% at $6.96, while A2 Milk Company gained 2.1% to $6.33. Both had positive broker reports released yesterday.

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