The Markets

NZ shares rise as nationwide lockdown ends

Tuesday 7th of September 2021

The S&P/NZX 50 Index rose 21.96 points, or 0.2%, to 13321.99 – now up almost 5% this month and down just 0.3% this year. Turnover was $143 million.

Kathmandu led the gains on the index, rallying 4.3% to $1.47, as investors picked retail stocks that would benefit when the national lockdown ends on Tuesday night.

Analysts from Forsyth Barr tried to quantify which stocks...

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