The Markets

NZ shares bounce from sell-off

Monday 31st of January 2022

The S&P/NZX 50 Index rose 37 points, or 0.3%, to 11,889.40. Turnover was $127 million with a third of the country away for Auckland anniversary weekend.

While it was not as strong as in US markets on the weekend, NZ shares did bounce from a 15-month low today.

A strong rally in the last hour of trading saw the US S&P 500 index close 2.4% higher and actually finishing up...

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