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...

More Markets

NZ sharemarket down 0.3% on quiet day
Markets Market close

NZ sharemarket down 0.3% on quiet day

The S&P/NZX 50 Index closed at 13,088.31, down 42.12 points or 0.32%.

Graham Skellern 20 Jan 2025
City Developments wants the rest of MCK
Markets

City Developments wants the rest of MCK

It has offered $2.25 per share for the 24% stake.

Riley Kennedy 20 Jan 2025
NZ sharemarket up over 1.8% for the week
Markets Market Close

NZ sharemarket up over 1.8% for the week

The S&P/NZX 50 Index closed at 13,130.43, up 129.76 points or 1%.

Graham Skellern 17 Jan 2025
Surviving Trump's ‘whack-a-mole’ tariffs
Markets

Brian Robins: Surviving Trump's ‘whack-a-mole’ tariffs

Trump's end game is to curtail China's trade position.

Brian Robins 17 Jan 2025