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Market close: Covid-battered stocks make strong headway

Market close: Covid-battered stocks make strong headway
16 Mar, 2021 04:40 AM
4 minutes to read
SkyCity Entertainment rose 16c or 4.78 per cent to $3.51. Photo / 123RF
NZ Herald
By: Graham Skellern
The re-opening stocks – those battered by the Covid pandemic – continued to make strong headway as the more confident New Zealand sharemarket posted its sixth successive day of rises.
The S&P/NZX 50 Index gained
96.79 points or 0.77 per cent to 12,689.05, after reaching an intraday low of 12,584.85. There were 83 gainers and 61 decliners with 50.4 million shares worth $200.76 million changing hands.
Matt Goodson, managing director of Salt Funds Management, said it was a day investors were willing to take risks and pay for re-opening stocks. Some of them are having strong runs. ....

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Take Two Interactive Software : Tiger Woods Inks Long-Term Exclusive Deal with 2K

The Golf Club franchise. The acquisition is expected to close in the first calendar quarter of 2021, subject to customary closing conditions. Financial terms of both deals were not disclosed.
2K made a hole in one today by announcing the Company has agreed to an exclusive, long-term partnership with Tiger Woods, one of the most iconic and celebrated figures in golf history. In addition, 2K announced it has entered into a definitive agreement to acquire privately-held HB Studios Multimedia Ltd., developers of the critically acclaimed and commercially successful PGA TOUR® 2K21, as well as The Golf Club franchise. (Photo: Business Wire) ....

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U.S. Import Prices Jump 1.3% In February Amid Continued Spike In Fuel Prices

WASHINGTON (dpa-AFX) - With fuel prices continuing to skyrocket, the Labor Department released a report on Tuesday showing another jump in U.S. import prices in the month of February.The report ....

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Continued Investment, Innovation in Advanced Technology Diesel Engines Sustains Clean Air and Climate Progress

In comments submitted today to the U.S. Senate Energy and Natural Resources Committee Hearing – Ways to Strengthen Research and Development in Innovative ....

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DeSantis on Biden Border Policy: 'They've Created This Crisis — But I Think That This

DeSantis on Biden Border Policy: Theyve Created This Crisis But I Think That This
DeSantis on Biden Border Policy: Theyve Created This Crisis But I Think That This Is Intentional, I Think This Is Ideological
During an appearance on FNCs Justice, Gov. Ron DeSantis (R-FL) questioned the Biden administrations approach on immigration, which argued was behind the ongoing border crisis.
DeSantis told host Jeanine Pirro the Biden administration was responsible for the crisis.
It obviously is a disastrous change in policy, Judge, he said. If you look, Donald Trump had obviously the wall, which we all supported, but also safe third party agreements, as well as remain in Mexico. And guess what happened? The border was under control. So theyve gone back on those policies, and theyve created this crisis. But I think that this is intentional. I think this is ideological. I think that theyre getting bit by this politically now. But I thi ....

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