NZ shares dip as investors wait on Ebos

NZ shares dip as investors wait on Ebos
There were 58 gainers and 63 decliners on the main board. (Image: Getty)
Graham Skellern
The New Zealand sharemarket had a soft ending to the week, and investors were holding off waiting to see what Ebos Group has up its sleeve.The S&P/NZX 50 Index had its second successive fall and closed at 11,176.97, down 53.9 points or 0.48%, though it had a late rise in the matching session. The index finished just ahead for the week and has fallen 2.55% this year.There were 58 gainers and 63 decliners on the main board, with 43.29 million shares worth $117.1m changing hands.ANZ Research has removed its prediction of a further official cas...

More Markets

NZ sharemarket ends first day of summer on a positive note
Markets Market Close

NZ sharemarket ends first day of summer on a positive note

The S&P/NZX 50 Index closed at 11,367.51, up 37.31 points.

Graham Skellern 01 Dec 2023
High court adds $107k to NZME's puzzle toy fine
Markets

High court adds $107k to NZME's puzzle toy fine

High court agrees original fine was "manifestly inadequate".

Staff reporters 01 Dec 2023
Genesis Energy: making Huntly great again
Markets Analysis

Genesis Energy: making Huntly great again

Batteries and biomass to give the iconic power station a new lease of life.

Pattrick Smellie 01 Dec 2023
Geneva Finance’s family squabble over rate cap
Finance

Geneva Finance’s family squabble over rate cap

David O'Connell and Peter Francis gave a lesson on successful shareholder activism.

Paul McBeth 01 Dec 2023