NZX 50 slips as Auckland airport shares rise

After a busy news week, the NZ sharemarket finished on a downbeat note. (Image: Getty)

Fri, 09 Jun 2023

Auckland International Airport jumped nearly 2% after Auckland council finally decided to sell 7% of its 18% shareholding, while the New Zealand sharemarket was down slightly.The S&P/NZX 50 dipped at lunchtime and closed at 11,690.34, down 25.4 points or 0.22%. The index fell nearly 1.8% for the week.There were 61 gainers and 66 decliners on the main board, with 33.6 million shares worth $138.34m changing hands.Auckland International Airport was up just a couple of cents but when the two-day council debate to balance the budget ended, the a...

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