NZ shares flat as global tensions rise over potential Iran strike by Israel

NZ shares flat as global tensions rise over potential Iran strike by Israel
Oil prices spiked on Thursday after reports that Israel is eyeing a strike on Iran. (Photo: Getty)
Tom Raynel
The NZ sharemarket was flat on Thursday as investors looked overseas with concern after reports that Israel is considering a strike on Iran, affecting oil prices.The S&P/NZX 50 Index closed up 0.34% or 43.17 points, rising to 12,649.10, with 36 million shares changing hands to the value of $123m.The S&P/NZX 20 index closed at 7,446.67, up 0.23%, while the S&P/NZX 10 index ended the day at 1,900.99, a rise of 0.35%.There were 71 gainers and 64 decliners on the main board.'Overarching backdrop'Salt Funds Management managing di...

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