NZX flat on second trading day of 2025

(Image: NZME)

Mon, 06 Jan 2025

The New Zealand sharemarket finished the second trading day of the year on a flat note, but there was continued interest in energy stocks Contact and Mercury in anticipation of an index change.The S&P/NZX 50 Index perked up at lunchtime after falling to a morning low of 12,973.01 and closed at 13,072.93, up 5.1 points or 0.039%.Volumes increased with 21.06 million share transactions worth $114.52 million. Contact, likely to replace Mercury in the MSCI World Index next month, saw 3.08 million shares worth $29.66m change hands, while Mercury...

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