NZ sharemarket up 0.1%, Rocket Lab soars

The S&P/NZX 50 Index recovered ground in the afternoon and closed at 12,692.94. (Image: Getty)

Thu, 14 Nov 2024

The New Zealand sharemarket lacked a real sense of direction but had a small gain, while Rocket Lab was again a star in the United States. The S&P/NZX 50 Index recovered some ground in the afternoon and closed at 12,692.94, up 18.45 points or 0.15%, after reaching a morning low of 12,594.34.Trading was steady, with 29.27 million shares worth $128.53m changing hands.Rocket LabGreg Smith, head of retail with Devon Funds Management, said the local market was a bit choppy while the global markets are feeling the love with the US election r...

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