NZ sharemarket ends week in positive territory but volumes still light

(Image: Getty)

Fri, 12 Jan 2024

New Zealand shares lifted 0.9% over the course of the week after a quiet Friday that mirrored offshore moves.On Friday, the S&P/NZX 50 Index closed at 11,858.31, up 55.29 points or 0.47%. There were 69 gainers and 61 decliners over the whole market, with 17.25 million share transactions worth $49.5m.The market closed at 11,748.48 last week.“There’s not a lot of movement anywhere, with markets just coasting into the end of the week,” Grant Davies, investment adviser with Hamilton Hindin Greene, said.Volumes were light on th...

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