NZ market enjoys positive bounce amidst volatile day

The S&P/NZX 50 Index rose 88.3 points, or 0.8%, to 11,293.38. (Image: Getty)

Tue, 10 Oct 2023

New Zealand’s benchmark index brightened up on Tuesday, thanks to international tailwinds pushing the NZ market higher after a volatile day of trading.The S&P/NZX 50 Index rose 88.3 points, or 0.8%, to 11,293.38. Turnover was $81.8 million. There were 77 gainers and 48 decliners on the main board.Hamilton Hindin Greene’s Grant Davies said it had been a volatile day for NZ’s market thanks to flow-through from US markets which defied predictions and turned positive overnight while the Australian market also headed into posit...

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