Quiet start to NZ sharemarket's week, optimism for strong US earnings season

(Image: Getty)

Mon, 01 May 2023

The New Zealand sharemarket had a quiet start to the week, though clothing retailer Hallenstein Glasson, a household name, continued to make strong gains.The S&P/NZX 50 Index had a sharp morning fall but recovered in the afternoon to close at 12,002.97, down 16.86 points or 0.14%. The index traded between 11,933.44 and 12,019.84.There were 73 gainers and 61 decliners on the main board, with 39.69 million shares worth $110.96 million changing hands.Jeremy Sullivan, an investment advisor with Hamilton Hindin Greene, said the latest United Sta...

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