NZ sharemarket falls, Hallenstein Glasson jumps

Investors match consumers' caution. (Image: Getty)

Wed, 18 Dec 2024

Clothing retailer Hallenstein Glasson received its own Christmas present, an all-time high for its share price, while the New Zealand market drifted lower on lighter trade.The S&P/NZX 50 Index had a flourish over lunchtime but then fell away and closed at 12,865.55, down 48.75 points or 0.38% after reaching an intraday high of 12,914.3.As the Christmas break draws near, volumes slipped to 31.06 million share transactions worth $122.83m.'Cautious'Consumer sentiment is improving leading into the holiday season. The Westpac McDermott M...

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