Fonterra Shareholders’ Fund, Hallenstein Glasson lead way with strong gains

(Image: Getty)

Thu, 04 May 2023

The New Zealand sharemarket staged a solid half-percent recovery, with Fonterra Shareholders’ Fund and Hallenstein Glasson leading the way with strong gains.The S&P/NZX 50 Index hit a morning low of 11,868.85 but bounced back and closed at 11,968.55, up 60.56 points or 0.51%. Trading was unusually light with 26.74 million shares worth $69.46 million changing hands, and there were 74 gainers and 51 decliners on the main board.The latest NZX statistics showed total trades in April fell 48.5% to 603,702 and value traded was down 36....

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