NZ sharemarket stuck in negative territory ahead of Easter weekend

There were 73 gainers and 66 decliners over the whole market. (Image: Getty)

Wed, 27 Mar 2024

Two small-cap stocks, Savor Group and New Zealand King Salmon Investments, staged strong earnings turnarounds, but the NZ sharemarket remained stuck in negative territory.The S&P/NZX 50 Index had a topsy-turvy day, trading between 11,981.55 and 12,035.77 before closing at 12,010.66, down 21.15 points or 0.18%.There were 73 gainers and 66 decliners over the whole market on volumes of 34.29 million share transactions worth $141.48m.Jeremy Sullivan, investment advisor with Hamilton Hindin Greene, said it was good to see a couple of upgrades on...

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