NZX 50 putters out; Infratil, F&P Healthcare drive weekly gain

NZX 50 putters out; Infratil, F&P Healthcare drive weekly gain
(Image: Getty)
Paul McBeth
New Zealand shares petered out ahead of US employment data seen as central to the Federal Reserve’s upcoming rate cuts, as Infratil and Fisher & Paykel Healthcare's lofty heights underpinned the weekly gain. The S&P/NZX 50 Index declined 63.16 points, or 0.5%, to 12,651.51, to end the week up 1.3%. Across the main board, 86 stocks fell, 50 rose, and 43 were unchanged. Turnover was $111.8 million, with eight companies trading on volumes of more than a million shares. Stock markets across Asia were mixed ahead of US no...

More Markets

The ‘crack cocaine’ of the stock market
Markets

The ‘crack cocaine’ of the stock market

Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

The wildest, weirdest stock-market prices we’ve ever seen
Markets

The wildest, weirdest stock-market prices we’ve ever seen

Here’s a tour through history’s most entertaining price anomalies.

Light pre-Christmas trading for NZ sharemarket
Markets Market close

Light pre-Christmas trading for NZ sharemarket

The S&P/NZX 50 Index got into the festive spirit and closed at 13,074.74.

Graham Skellern 24 Dec 2024
NZ market cheerful as Christmas approaches
Markets

NZ market cheerful as Christmas approaches

The Index closed at 12,988.03, up 83.92 points or 0.65%

Graham Skellern 23 Dec 2024