NZ sharemarket steady after Ryman completes capital raise

(Image: Getty)

Thu, 13 Mar 2025

Retirement village operator Ryman Healthcare completed its $1 billion capital raise as the New Zealand sharemarket steadied the ship with a small loss.The S&P/NZX 50 Index made ground till a mid-afternoon dip and closed at 12,209.05, down 40.5 points or 0.33% after falling more than 2% in the previous two trading days.Volumes were strong with 51.48 million share transactions worth $228.24m. Global marketer a2 Milk, up 3c to $8.83, dominated the trading with 3.5m of its shares worth $30.9m changing hands. 'A fluid situation...

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