NZ sharemarket continues see-sawing, down 0.5%

Fisher and Paykel Healthcare led the market down. (Image: Getty)

Wed, 13 Nov 2024

One day up and the next day down. That’s been the story of the New Zealand sharemarket lately as it dipped more than 0.5%, while Mainfreight and Goodman Property Trust posted steady half-year results.It was all downhill from the opening for the S&P/NZX 50 Index and it closed at 12,674.49, down 74.87 points or 0.59%. There were 33.9 million share transactions worth $148.05m.'Recovery'Paul Robertshawe, chief investment officer with Octagon Asset Management, said NZ was decoupled from the United States markets and was driven...

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