NZ sharemarket bounces as energy stocks lift

There were 66 gainers and 57 decliners on the market today.

Tue, 28 Nov 2023

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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