NZ sharemarket ends week up slightly

(Image: Getty)

Fri, 29 Nov 2024

Software firm Gentrack has surged more than 30% in three trading days as the New Zealand sharemarket ended the week with a small gain.The S&P/NZX 50 Index was steady for most of the day and closed at 13,066.92, up 13.36 points or 0.10%. The index increased 0.2% for the week and is ahead 11.4% for the year to date.Trading was healthy, with 36.44 million share transactions worth $163.42m.'Sentiment is improving'Shane Solly, portfolio manager with Harbour Asset Management, said the market has just got through a hectic reporting season,...

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