NZ sharemarket flat, up 0.01%

NZ sharemarket flat, up 0.01%
Kiwifruit grower and packer Seeka rose to $4.65 after upgrading its current year gross profit guidance. (Image: Supplied)
Graham Skellern
Seeka and PGG Wrightson provided some optimism for the economic recovery with earnings upgrades, helping fuel a decent turnaround in the New Zealand sharemarket.The S&P/NZX 50 Index fell as low as 13,339.52 but staged a rebound in the afternoon to finish flat on 13,408.14, up 1.23 points or 0.01%.There were 55 gainers and 83 decliners on the main board, with 35.5 million shares worth $123.9m changing hands in the run-up to Christmas.'A stunning under-performance'Matt Goodson, managing director of Salt Funds Management, said it was a...

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Graham Skellern 12 Jan 2026