NZ sharemarket up over 1.8% for the week

(Image: Getty)

Fri, 17 Jan 2025

The New Zealand sharemarket ended a strong week with a gain of more than 1.8%, erasing the year’s earlier losses, and powered by heavyweight Fisher and Paykel Healthcare as it neared a record high.The S&P/NZX 50 Index kept marching ahead all day and closed at 13,130.43, up 129.76 points or 1%. The index rose 1.81% for the week and is now ahead 0.5% for the year after falling as much as 1.5% last week. Volumes improved, with 37.29 million shares worth $136.1m changing hands.'Ups and downs'Mark Lister, investment director w...

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