NZ sharemarket down 0.5% ... again

There were 95 decliners and 37 decliners over the whole market. (Image: Getty)

Tue, 09 Apr 2024

The New Zealand sharemarket, down 0.5%, posted its sixth fall in a row, while Heartland Group was well on its way to completing a significant $210 million capital raise.The S&P/NZX 50 Index fell at the opening and never got out of first gear to close at 11,916.78, down 56.81 points or 0.47%.There were 95 decliners and 37 decliners over the whole market on 31.03 million share transactions worth $112.97m.Matt Goodson, managing director of Salt Funds Management, said the local market was “a little bit soggy, and maybe it was focussed on...

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