ASX hits new record as NZ sharemarket falls

The ASX reaches new high as NZX dips. (Image: Getty)

Wed, 31 Jan 2024

Australian inflation fell more than expected, and its sharemarket hit an all-time high. But the New Zealand bourse ignored all that action and declined nearly half a percent.After a mixed day on Wall Street, the S&P/NZX 50 Index fell sharply at the opening and never recovered, closing at 11,872.1 – down 42.3 points or 0.36%. The intraday low was 11,832.81 points.There were 55 gainers and 71 decliners over the whole market on volumes of 30.82 million share transactions worth $128.17m. Auckland International Airport, down 1.5c to $8.435...

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