NZ sharemarket up nearly 0.6%, Vista surges

A fight between shareholders has not take the gloss off Vista. (Image: Getty)

Tue, 15 Oct 2024

The New Zealand sharemarket quickly regained its mojo in strong afternoon trading, while Vista Group shrugged off shareholder unrest to climb higher.The S&P/NZX 50 Index picked up at lunchtime and closed at 12,840.77, up 74.02 points or 0.58% and a 1.2% turnaround from the day before. Trading was healthy, with 29.94 million share transactions worth $125.8m.David McConnochie, investment adviser with Forsyth Barr, said the local market had a solid day as it waits for further inflation and interest rates direction. “The yield s...

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