NZ sharemarket drifts aimlessly as investors hibernate

There were 66 gainers and 68 decliners over the whole market. (Image: Getty)

Thu, 14 Mar 2024

The New Zealand sharemarket, without any positive leads from offshore, continued to drift aimlessly, though a late rebound rescued it.The S&P/NZX 50 Index was up and down all day and then rose in the last half-hour matching session to close at 11,808.33, down 0.68 points or 0.01%. The index hit a mid-morning low of 11,757.91 points.There were 66 gainers and 68 decliners over the whole market on volumes of 25.55 million shares worth $109.06m.Greg Main, Jarden Wealth Management adviser, said there was no real international buying in the local...

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