NZ sharemarket up 0.2%, Infratil hits all-time high

Volumes continued to increase, with 55.25 million share transactions worth $222.48m. (Image: NZME)

Thu, 24 Oct 2024

Utilities investor Infratil hit an all-time high and headed for the MSCI Global index, driving the New Zealand sharemarket to a small gain.The S&P/NZX 50 Index again traded strongly in the afternoon and closed at 12,814.07, up 26.47 points or 0.21%, after reaching an intraday low of 12,708.34 and high of 12,873.86.Volumes continued to increase, with 55.25 million share transactions worth $222.48m.Infratil rose 32c or 2.52% to a record $13.02 on trade worth $27.79m as passive investment funds bought shares in anticipation of the MSCI index c...

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