NZ sharemarket up 0.1%, Fonterra hits $6 mark

The S&P/NZX 50 Index closed at 12,128.21, up 14.67 points or 0.12%. (Image: Getty)

Mon, 24 Mar 2025

The New Zealand sharemarket traded flat during a quieter day, but Fonterra Shareholders” Fund broke through the $6 mark for the first time in seven years on the back of a buoyant dairy sector.The S&P/NZX 50 Index opened stronger and reached a late morning high of 12,172.63 but turned down and closed at 12,128.21, up 14.67 points or 0.12%.Volumes were lighter with 28.93 million shares worth $98.1m changing hands.'Good for market sentiment'Mark Lister, investment director with Craigs Investment Partners, said, “We had a di...

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