The Markets

NZX50 holds at 13,000 after strong earnings results

Tuesday 24th of August 2021

The S&P/NZX 50 Index rose 7.79 points, or 0.1%, to 13,071.86. Turnover was $200 million.

Pushpay Holdings rose as investors continued to digest its acquisition of a church live streaming business for US$150m.

Investors initially had a cautious response to the news, Pushpay shares actually fell 2.5% following the announcement before recovering to close half a percent higher.<...

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