NZ sharemarket continues decline

NZ sharemarket continues decline
There were 66 gainers and 69 decliners on the main board. (Image: Getty)
Graham Skellern
The New Zealand sharemarket declined for the 13th time in 16 trading days, dragged down by heavyweights Fisher and Paykel Healthcare and Ebos Group. The S&P/NZX 50 Index fell at the opening after another weak day on Wall Street and was once again rescued with a rise in the end-of-day broker matching session. The index closed at 11,836.04, down 39.31 points or 0.33%, after reaching an intraday low of 11,730.98. There were 66 gainers and 69 decliners on the main board, with 29.28 million shares worth $117.33m changing hands.Paul Rob...

More Markets

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.

NZ sharemarket drifts lower
Markets Market close

NZ sharemarket drifts lower

The S&P/NZX 50 Index closed at 11,776.73, easing 12.65 points or 0.11%.

Graham Skellern 02 Jul 2024