NZ sharemarket up 0.2%, 2% for the year

NZ sharemarket up 0.2%, 2% for the year
(Image: Getty)
Graham Skellern
The New Zealand sharemarket had a fluctuating day on Tuesday, and investors are closely watching the latest annual meeting season for encouraging trading updates.The S&P/NZX 50 Index traded in a range of 13,305.66 and 13,391.11, and closed at 13,377.85, up 32.89 points or 0.25%. The index has now gained more than 2% for the year.There were 88 gainers and 48 decliners on volumes of 39.1 million share transactions worth $128 million.‘An opportunity’Shane Solly, portfolio manager with Harbour Asset Management, said, “We...

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