Another day, another NZ sharemarket fall

Another day, another NZ sharemarket fall
(Image: Getty)
Graham Skellern
The New Zealand sharemarket has now fallen in six of the last seven trading days but it may be heartened by upcoming news that the country has come out of a recession.The S&P/NZX 50 Index opened stronger despite another sell-down on Wall Street, but it couldn’t sustain the momentum and closed at 12,045.93, down 30.92 points or 0.26%. There were 40.6 million share transactions worth $204.93m and trading was dominated by a2 Milk with 4.77m of its shares worth $46.54m changing hands.Close recession callGlobal marketer a2 Milk raced...

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