NZ sharemarket ends week up nearly 1.2%

(Image: NZME)

Fri, 20 Dec 2024

The New Zealand sharemarket soon got over the shock of the worse-than-expected gross domestic product data with a rise of more than 1% – on a day dominated by index changes and late heavy trading.The S&P/NZX 50 Index was in and out of positive territory before the late surge and closed at 12,904.11, up 149.96 points or 1.18%. The index finished the turbulent week with a gain of nearly 1.2% and is now 9.6% ahead for the year.'A little choppy'Trading was extended for the quarterly rebalance of the NZX, ASX and FTSE Russell...

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