NZ sharemarket starts the week on a positive note

NZ sharemarket starts the week on a positive note
Positive trade data was one piece of news for investor to digest today. (Image: Unsplashed)
Graham Skellern
The New Zealand sharemarket began the week with a rise of more than half a percent, with the gains widely spread across the main board amongst the big and small-cap stocks.The S&P/NZX 50 Index went as low as 11,906.98 in the morning but recovered well to break through the 12,000 mark and closed 77.79 points or 0.65% up at 12,018.23. The index is now up 4.7% for the year.As investors hung back for next month’s reporting season, trading was again light, with 24.07 million shares worth $80.45m changing hands. There were 94 gainers a...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024