NZ sharemarket slides despite some positive data

There were 33.39 million share transactions worth $123.9m. (Image: Getty)

Tue, 08 Oct 2024

Leading companies Mainfreight and Summerset Group provided steady trading updates, but it wasn’t enough to stop the New Zealand sharemarket falling.The S&P/NZX 50 Index closed at 12,555.99, down 40.88 points or 0.33% after a mid-afternoon dip when markets faltered on the news that China was not delivering further economic stimulus.The index reached an intraday high of 12,607.03 points, and there were 33.39 million share transactions worth $123.9m.Across the Tasman, the S&P/NZX 200 Index had fallen 0.26% to 8,184.2 points on a sell...

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