NZ sharemarket inches into positive territory on flat trading

NZ sharemarket inches into positive territory on flat trading
Mainfreight was one of the few companies to attract much investor interest with turnover above $4m. (Image: Mainfreight)
Graham Skellern
The New Zealand sharemarket, lacking some direction, staged a late recovery and finished flat on another quiet trading day.The S&P/NZX 50 Index dipped at lunchtime when the Australian market opened weaker but rose strongly in the last half-hour matching session.The NZX index closed at 11,751.04, down 2.14 points or 0.02%, after reaching an intraday low of 11,717.97.The S&P/ASX 200 Index had fallen 1.1% to 7413.6 points at 6pm NZ time.There were 70 gainers and 58 decliners on the local market, with 15.32 million shares worth $50.95m chan...

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