NZ sharemarket down, Ryman Healthcare up

NZ sharemarket down, Ryman Healthcare up
There were 90 decliners and 48 gainers over the whole market. (Image: Getty)
Graham Skellern
Ryman Healthcare sprang into life, gaining more than 4% on heavy trading, while the New Zealand sharemarket had another down day. It was a topsy-turvy session for the S&P/NZX 50 Index, ranging from a high of 11,659.03 to a low of 11,602.97 before closing at 11,618.09, a decline of 34.07 points or 0.29. It was the sixth fall in seven days. There were 90 decliners and 48 gainers over the whole market on volumes of 40.65 million share transactions worth $137.64m.Leading retirement village operator Ryman Healthcare, rising 15c or 4.11...

More Markets

Despite interest rate cuts, NZ sharemarket falls again
Markets

Despite interest rate cuts, NZ sharemarket falls again

The NZX50 closed at 11,806.55, down 84.89 points or 0.71%. 

Economists react to 'dovish' RBNZ cuts
Economy

Economists react to 'dovish' RBNZ cuts

RBNZ says recent global policy developments have shifted the balance of risk. 

RBNZ cuts cash rate 25bps to 3.50%
Economy

RBNZ cuts cash rate 25bps to 3.50%

The move was widely expected by economists.

Jim Grenon: Why I asked for NZME Takeovers Panel meeting
Markets

Jim Grenon: Why I asked for NZME Takeovers Panel meeting

Shadow of regulatory action is hampering businessman's campaign to roll board.