NZ sharemarket up more than 0.5%

There were 80 gainers and 52 decliners over the whole market. (Image: Getty)

Tue, 19 Mar 2024

The New Zealand sharemarket had a welcome rise of more than 0.5% as Australia kept interest rates unchanged and Japan raised theirs in a historic move. The S&P/NZX 50 Index climbed steadily, especially after the Reserve Bank of Australia (RBA) announcement, and closed at 11,817.91, up 89.9 points or 0.77%. There were 80 gainers and 52 decliners over the whole market on volumes of 30.86 million share transactions worth $126.23m. Chorus, removed from the FTSE Russell Small Cap Index, topped the individual trading with $27.4m wo...

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