New Zealand’s stock market is following the rest of the world, opening up nearly two per cent this morning.
The news of a possible Covid-19 vaccine and Joe Biden’s US presidential win has buoyed markets worldwide.
The NZX has been riding high for the past few weeks.
Travel and technology companies have been doing well worldwide.
Air New Zealand shares are one of the big winners today – up 13 per cent this morning, while still down 41 per cent on this time last year.
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New Zealand will be among the first countries in line if the drug, which was tested on over 40,000 volunteers, gets final approval.
Technology company Vista is up 20 per cent.
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