Travel stocks including Auckland International Airport and Air New Zealand gained on optimism about a recovery. The sharemarket rose as investors took a shine to travel stocks that will benefit from border re-opening. Stratful said retirement village stocks were recovering after their decline last week following the Government’s move to curb rising house prices. Supplied Retirement village stocks are recovering following a knee-jerk reaction lower last week after the Government announced measures to curb the housing market. Banks and small-company stocks rose.

Source: Stuff March 31, 2021 04:30 UTC