NZ sharemarket ends quiet week with an upward tick

The NZX 50 is up 4% so far this year. (Image: Getty)

Fri, 21 Jul 2023

The New Zealand sharemarket finished one of the quietest weeks of the year with another flat trading day, while some of the steam came out of United States stocks.The S&P/NZX 50 Index made some headway late in the session and closed at 11,940.44, up 8.33 points or 0.07%.The index reached an intraday low of 11,903.31 points and was down 0.4% for the week. It has now risen 4% so far this year.There was an even spread of 63 gainers and 63 decliners over the whole market on volumes of 31.05 million share transactions worth $116.35m.The volumes...

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