NZ sharemarket claws back to end the week up 0.5%

The S&P/NZX 50 Index closed at 12,754.26, up 61.54 points or 0.48%. (Image: NZME)

Fri, 13 Dec 2024

The New Zealand sharemarket ended the week positively while leading gentailers Contact and Mercury kept moving in different directions on rumours of MSCI global index changes.The S&P/NZX 50 Index had a strong afternoon finish and closed at 12,754.26, up 61.54 points or 0.48%, after reaching a morning low of 12,671.63. The index was down 0.4% for the week and has risen 8.5% for the year to date.There were 35.48 million share transactions worth $159.83m. 'A long way to go'Shane Solly, portfolio manager with Harbour Asset Man...

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