NZ market ticks up as school holidays kick off

NZ market ticks up as school holidays kick off
Turnover was a light $68.9 million and there were 69 gainers and 69 decliners. (Image: Getty)
Ella Somers
New Zealand's benchmark share index rose – just – on the first day of the school holidays as investors chewed over last week’s global monetary decisions while closer-to-home Synlait Milk reported a net loss in its full-year results.The S&P/NZX 50 Index rose 4.5 points, or 0.04%, to 11,377.12. Turnover was a light $68.9 million and there were 69 gainers and 69 decliners on the main board. Craigs Investment Partners advisor Peter McIntyre said the NZ market had a sluggish start to the day, but made back ground as tr...

More Markets

NZ sharemarket falls 1.5% as investors look for cash
Markets Market close

NZ sharemarket falls 1.5% as investors look for cash

The S&P/NZX 50 Index closed at 12,896.67, falling 196.51 points or 1.5%.

Graham Skellern 04 Dec 2024
Auckland Council sells airport stake for at least $1.31b
Markets

Auckland Council sells airport stake for at least $1.31b

Auckland Council has successfully sold all of its shares in Auckland Airport.

Staff reporters 04 Dec 2024
Being AI consultancy sale hits legal snag
Markets

Being AI consultancy sale hits legal snag

Being AI bought consultancy from its CEO for $5m in March but wants to give it back.