NZ sharemarket dips as global uncertainty intensifies

NZ sharemarket dips as global uncertainty intensifies
The weekend's events in Russia and Ukraine helped dampen the NZ sharemarket today. (Image: Getty)
Graham Skellern
The New Zealand sharemarket opened the week with a fall of nearly one percent on the back of weaker offshore trading and further uncertainty in the Russian-Ukraine deadlock.Following the brief rebellion by the Russian private military group Wagner, the S&P/NZX 50 Index fell at the opening and closed on 11,638.68, down 98.86 points or 0.84%. The index has now increased almost 1.5% so far this year.Trading was light with 22.23 million shares worth $81.57m changing hands, and there were 38 gainers and 90 decliners over the whole market. T...

More Markets

NZ sharemarket up 0.3% after three falls
Markets Market close

NZ sharemarket up 0.3% after three falls

The S&P/NZX 50 Index closed at 12,761.35, gaining 37.98 points or 0.3%.

Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

ForBarr raises Hallenstein Glasson target price 20%
Retail

ForBarr raises Hallenstein Glasson target price 20%

The outlook in the golden country is golden, they say.