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Shares shift gears as market absorbs vaccine news

Strong gains for tourism companies as utilities ease.

Tim Hunter Tue, 10 Nov 2020

Sharemarkets have reacted strongly to news of a possible Covid-19 vaccine breakthrough, with investors shifting out of defensive stocks and into companies with more exposure to an economic rebound.

Yesterday pharmaceutical giant Pfizer and research partner Biontech announced early results of a

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Tim Hunter Tue, 10 Nov 2020
Contact the Writer: thunter@nbr.co.nz
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Shares shift gears as market absorbs vaccine news
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