NZ sharemarket has third consecutive rise this week

There were 77 gainers and 57 decliners on the main board. (Image: Getty)

Thu, 07 Mar 2024

The New Zealand sharemarket posted its third consecutive rise, albeit small, as a re-energised a2 Milk reached an 11-month high with another solid gain.The S&P/NZX 50 Index traded strongly for most of the day but had a late dip and closed at 11,803.93, up 8.03 points or 0.07%. The index reached an intraday high of 11,850.37 and a low of 11,785.62. There were 77 gainers and 57 decliners on the main board, with 23.83 million shares worth $105.52m changing hands.Greg Smith, head of retail with Devon Funds Management, said investors felt m...

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