NZ sharemarket closes with decent rise

There were 99 gainers and 39 decliners over the whole market. (Image: Getty)

Mon, 25 Mar 2024

The New Zealand sharemarket, having a broad-based rally, charged to one of its highest closes in 13 months with another decent rise.The S&P/NZX 50 Index’s morning fall to 11,911.9 points belied the coming action. The index turned around strongly in the afternoon and closed at 12,067.03, up 88.41 points or 0.74%. The market sat at 12,099.74 points for one day on May 19 last year before beginning its descent. Fired up by Fisher and Paykel Healthcare’s earnings upgrade, the index is nearing a high of 12,144.66 points set on Fe...

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