NZX50 drops after AIA capital raise completed

Auckland International Airport ended today down 3c to $7.51, on trades worth $30.76 million. (Image: NZME)

Tue, 17 Sep 2024

The New Zealand sharemarket bided its time with a small fall as it waited for key economic events that will dictate the course of interest rate cuts.The S&P/NZX 50 Index was solid in the morning but then dipped in the afternoon to close at 12,671.95, down 32.44 points or 0.26%.There were 55 gainers and 70 decliners on the main board with 37.66 million shares worth $173.18m changing hands,The volumes were dominated by Fisher and Paykel Healthcare, declining 37c to $38.03, and Auckland International Airport, down 3c to $7.51, on trades worth...

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