NZ sharemarket up 0.3% ahead of HYEFU

Directionless market awaits data. (Image: Getty)

Mon, 16 Dec 2024

The New Zealand sharemarket had a late revival all thanks to Fisher and Paykel Healthcare, and is looking ahead to strong leads from crunch economic data and interest rate moves. The S&P/NZX 50 Index was up and down all day before taking another leap in the last hour and closing at 12,797.64, up 43.38 points or 0.34%. There were 30.66 million share transactions worth $125.35m.'A big day'David McConnochie, investment adviser with Forsyth Barr, said it was largely a directionless market that Fisher and Paykel Healthcare held...

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