NZ sharemarket ends five day bull run

(Image: Getty)

Tue, 26 Mar 2024

An uncertain New Zealand sharemarket ran out of puff and finished lower after five consecutive days of heady rises.The S&P/NZX 50 Index had another turnaround from a fall in the morning to 11,988.05 points. But the afternoon momentum succumbed to a late dip, and the index closed at 12,031.81, down 35.22 points or 0.29% after reaching an intraday high of 12.078.There were 67 gainers and 71 decliners on the main board, with 36.49 million shares worth $137.74m changing hands.'Pent-up performance'Matt Goodson, managing director of Salt...

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