NZ sharemarket dips as global uncertainty intensifies

The weekend's events in Russia and Ukraine helped dampen the NZ sharemarket today. (Image: Getty)

Mon, 26 Jun 2023

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...

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