NZ sharemarket finishes flat, down 0.1%

NZ sharemarket finishes flat, down 0.1%
There were 79 gainers and 60 decliners on the main board. (Image: Getty)
Graham Skellern
The New Zealand sharemarket couldn’t sustain a strong lead from the rebounding United States markets and finished on a flat note, with Fonterra lowering its forecast milk payment.The S&P/NZX 50 Index reached a high of 13,571.3 in the morning after the strong day on Wall Street, but slipped in the afternoon trading to close at 13,480.43, down 19.42 points or 0.14%.There were 79 gainers and 60 decliners on the main board with 35.5 million shares worth $129.2m changing hands.'Rebalancing of the MSCI indices'Paul Robertshawe,...

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