NZ sharemarket down 0.38%

Pacific Edge shares rose slightly after it updated the market on its application for continued US Medicare reimbursement for its Cxbladder tests. (Image: Supplied)

Graham Skellern

Fri, 26 Jul 2024

The New Zealand sharemarket ground out a small gain for the week, with three small-cap software firms gaining strength and consumer confidence slowly improving. The S&P/NZX 50 Index had a rocky day, reaching an intraday high of 12,422.63 before closing at the day’s low of 12,349.47, a decline of 46.79 points or 0.38%. The index was still 0.2% for the week.There were 82 gainers and 62 decliners over the whole market on volumes of 33.54 million share transactions worth $115.16m.Mark Lister, investment director with Craigs Investme...

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