Directionless NZ sharemarket slips 0.6%

There was heavy trading on Air NZ. (Image: Getty)

Wed, 20 Nov 2024

The New Zealand sharemarket lacked any real direction as it slumped 0.6%, led down by heavyweight Fisher and Paykel Healthcare.The S&P/NZX 50 Index couldn’t sustain a steady morning’s trading and closed at 12,737.06, down 79.26 points or 0.62%.There was continued heavy trading in Auckland International Airport, up 2c to $7.55, with 8.7 million shares worth $65.6m changing hands out of the total volumes of 41.47 million transactions worth $187.16m.Across the Tasman, the S&P/ASX 200 was down 0.61% to 8322.8 points at 6pm NZ ti...

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