NZ sharemarket starts week down 0.2%

(Image: Getty)

Mon, 10 Feb 2025

The New Zealand sharemarket drifted on the eve of the latest reporting season, while Millennium & Copthorne Hotels NZ independent directors have rejected a takeover offer.The S&P/NZX 50 Index fell to a morning low of 12,818.44 before recovering in the afternoon and closing at 12,876.35, down 25.84 points or 0.2%.Trading was solid, with 31.6 million shares worth $110.4m changing hands.'A slew of information'Jeremy Sullivan, an investment adviser with Hamilton Hindin Greene, said the United States markets were softer following a m...

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