NZ sharemarket ends the week on a bright note

Infratil shares reached a new record helping lift the NZ sharemarket. (Image: Getty)

Fri, 30 Jun 2023

The New Zealand sharemarket continued its broad-based rally with a near one percent rise, and utilities investor Infratil was quickly back to an all-time high.The S&P/NZX 50 Index followed the same pattern as the previous two days – down in the morning to a low of 11,704.37 and up in the afternoon, closing with a gain of 108.35 points or 0.92% to 11,916.47.The index was up 1.53% for the week and has now increased nearly 3.9% for the year.There were 88 gainers and 37 decliners over the whole market on volumes of 50.92 million transacti...

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