NZX50 ends the week on a flat note

Mainfreight shares fell while the NZX50 was flat. (Image: Mainfreight)

Fri, 28 Jul 2023

Leading stock Mainfreight had a turbulent day following its weaker trading update as the New Zealand sharemarket ended the week on a flat note.The S&P/NZX 50 Index traded in a narrow range and closed at 11,946.74, down 7.37 points or 0.06%. The index also finished flat for the week and is up 4.1% for the year.There were 62 gainers and 64 decliners on the main board, with 25.31 million shares worth $86.43 changing hands.Wall Street and the Australian market were both down, and the Dow Jones Industrial Average Index, established in 1896, just...

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