NZ sharemarket down 1.9% for the week

There were 57 gainers and 77 decliners on the main board. (Image: Getty)

Wed, 18 Sep 2024

Synlait Milk can look forward to a brighter future, Spark hit a nine-year low and the New Zealand sharemarket posted its third successive fall.After Wall Street was flat, the S&P/NZX 50 Index fell at the opening and traded moderately to close at 12,586.98, down 84.97 points or 0.67%. The index has lost 1.9% this week after starting 9% ahead for the year to date.There were 57 gainers and 77 decliners on the main board, with 40.09 million shares worth $134.82m changing hands.Synlait Milk was down 2c or 4.44% to 43c after shareholders approved...

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