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Market Update: NZX Rebounds from Two-Week Low

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Market Update: NZX Rebounds from Two-Week Low

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Market Update: NZX Rebounds from Two-Week Low
New Zealand’s main stock index rebounded from a two-week low on Tuesday, with the benchmark NZX 50 climbing above the 12,500 level, driven by gains among technology and consumer discretionary stocks. Meanwhile, New Zealand’s Ministry of Health has confirmed that the quarantine-free bubble with Australia will resume from midnight Tuesday. A2 Milk Company Ltd and Chorus Ltd were among the biggest gainers on the index, up 1.9% and 1.5%, respectively. [/s2If]
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