NZ sharemarket marches higher, up 6.4% this year

There were 69.22 million share transactions worth $195.2m. (Image: Getty)

Wed, 24 Jul 2024

The New Zealand sharemarket continued to push higher, with the rally taking place across a broad range of stocks, especially those that had been beaten down.The S&P/NZX 50 Index had another strong afternoon trading session and closed at 12,530.99, up 105.4 points or 0.85%, after reaching a morning low of 12,383.31.The index has now risen more than 16% since its low of 10,741.57 points on Oct 30 last year and has gained 6.4% so far this year.There were 87 gainers and 53 decliners over the whole market on volumes of 69.22 million share transa...

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