NZ sharemarket has quieter day after yesterday's swings

NZ sharemarket has quieter day after yesterday's swings
Commercial Bay developer Precinct Properties will increase its weighting in the NZX index now that 100% of its shares are available for trading. (Image: Supplied)
Graham Skellern
The New Zealand sharemarket settled back into steady trading after large volumes and sharp price movements the day before, which included index changes and the sale of a nearly 15% shareholding in Precinct Properties.The S&P/NZX 50 Index fell at the opening despite the Nasdaq Composite reaching a record close in the United States. The NZX index was helped by a late rise and finished up 2.9 points or 0.02% to 11,744.39 after reaching an intraday low of 11,683.4.The index ended a hectic week ahead by 0.2% and is down by the same amount for th...

More Markets

NZ sharemarket down after yesterday's gain
Markets Market close

NZ sharemarket down after yesterday's gain

The S&P/NZX 50 Index closed at 11,803.28, down 49.52 points or 0.42%.

Graham Skellern 23 Apr 2024
Santana Minerals requests trading halt on ASX
Markets

Santana Minerals requests trading halt on ASX

The trading halt is pending an announcement on a potential capital raising.

Staff reporters 23 Apr 2024
Sky extends BBC content deal
Markets

Sky extends BBC content deal

The extension will see premium British dramas appear on Sky’s channels.

Daniel Dunkley 23 Apr 2024
NZ sharemarket bounces back 0.5%
Markets Market close

NZ sharemarket bounces back 0.5%

The S&P/NZX 50 Index closed at 11,852.8, up 56.58 points or 0.48%.

Graham Skellern 22 Apr 2024