NZ sharemarket dips on very light volumes

NZ sharemarket dips on very light volumes
There was very light volume with 17.55 million share transactions worth $53.53m. (Image: Getty)
Graham Skellern
The New Zealand sharemarket slipped nearly half a percent as the latest reporting season was met with light trading.The S&P/NZX 50 Index bounced around and after reaching an intraday high of 11,150.4, it closed at 11,093.03 – down 47.36 points or 0.43%.There were 65 gainers and 57 decliners over the whole market on volumes of 17.55 million share transactions worth $53.53m.Matt Goodson, managing director of Salt Funds Management, said the market was extremely quiet, with some of the broking community at an investment conference in Aust...

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