NZ sharemarket has 'soft day', down 0.5%

NZ sharemarket has 'soft day', down 0.5%
(Image: NZME)
Tom Raynel
The New Zealand sharemarket fell on Wednesday as some of the board’s largest stocks dragged the market down.The S&P/NZX 50 Index closed down 0.53% or 71.407 points to 13,306.44 after 35.9 million shares worth $140.2m were traded.The S&P/NZX 20 index was down 0.46%, closing at 7,641.12 points, while the S&P/NZX 10 index ended the day at 12,688.10 after falling 0.55%.There were 65 gainers and 84 decliners on the main board.'Headwinds'Generate investment specialist Greg Smith said it was a soft day for the marke...

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