NZ sharemarket flat as index newcomers shine

The S&P/NZX 50 Index closed at 11,367.81, up 0.3 points. (Image: Getty)

Mon, 04 Dec 2023

Top 50 additions Gentrack and Turners Automotive had strong rises while the New Zealand sharemarket lacked direction and finished flat.It was a familiar pattern for the S&P/NZX 50 Index, falling in the morning and recovering in the afternoon. The index closed at 11,367.81, up 0.3 points but no percentage change, after reaching an intraday low of 11,311.02.There were 81 gainers and 53 decliners over the whole market on light trading of 27.22 million shares worth $87.61m.Utilities software company Gentrack and vehicle dealer Turners, both bei...

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