
The Markets
NZ shares rise for fifth day straight
Tuesday 16th of March 2021
The S&P/NZX 50 Index rose 96.79 points, or 0.8%, to 12,689.05. Within the index, 29 stocks rose, 16 fell and five were unchanged. Turnover was $183.1 million.
Local investors have been following a positive lead from US markets as the nation’s vaccination programme picks up speed, and as markets adjust to the higher bond yields.
“Sentiment was broadly positive as...
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