NZ sharemarket bounces as energy stocks lift

NZ sharemarket bounces as energy stocks lift
There were 66 gainers and 57 decliners on the market today.
Graham Skellern
The New Zealand sharemarket bounced more than half a percent, led by a stronger energy sector, and Gentrack surged on a solid annual result and earnings upgrade.After a dull morning, the S&P/NZX 50 Index climbed steadily in the afternoon and closed at 11,237.38, up 81.59 points or 0.73%. The index reached an intraday low of 11,140.17 points.There were 66 gainers and 57 decliners over the whole market on increased volumes of 40.85 million share transactions worth $148.19m.Matt Goodson, managing director of Salt Funds Management, said the Aus...

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