More than $1b traded on NZ sharemarket as it rises again

The S&P/NZX 50 closed at 13,196.08, up 154.18 points or 1.18%. (Image: Getty)

Mon, 25 Nov 2024

A solid six-month financial result from Turners Automotive provided the New Zealand sharemarket with more confidence and strength, though Air NZ has downgraded its first-half earnings guidance.Midday was again the touchpoint for the S&P/NZX 50 to climb higher and the index closed at 13,196.08, up 154.18 points or 1.18% after reaching a morning low of 12,942.66. The index has risen 3.35% in the last two trading days.The market, in the end, was dominated by massive late trading on the last day of the November quarterly review for the MSCI glo...

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