NZ sharemarket continues decline

There were 66 gainers and 69 decliners on the main board. (Image: Getty)

Thu, 18 Apr 2024

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...

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