NZ sharemarket up 0.76%

There were 77 gainers and 60 decliners on the main board. (Image: NZME)

Tue, 25 Jun 2024

The New Zealand sharemarket followed a strong lead from over the Tasman and gained more than half a percent, with blue-chip stocks coming alight.The S&P/NZX 50 Index picked up steam in the afternoon and closed at 11,716.44, up 88.58 points or 0.76% after reaching an intraday low of 11,566.75.There were 77 gainers and 60 decliners on the main board with 27.34 million shares worth $110.91m changing hands.Matt Goodson, managing director of Salt Funds Management, said there was very little corporate news and the local market caught the tailwind...

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