NZ sharemarket 'lacklustre' as earning season closes out

There were 59 gainers and 75 decliners over the whole market (Image: Getty)

Thu, 29 Feb 2024

As February’s varied earnings season wrapped up, Thursday’s trading on the New Zealand stock exchange produced more of the month's flavour: slow and steady decline.The S&P/NZX 50 Index closed at 11,741.47, down 21.85 points or 0.19%. There were 59 gainers and 75 decliners over the whole market with 345.8 million share transactions worth $597.6m.“Markets have been a little bit mixed in Asia in general, and we [New Zealand] are trading to the downside,” Craigs Investment Partners investment adviser Peter McInt...

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