Ryman helps market to highest close in three months

Ryman Healthcare’s annual result was keenly anticipated. (Image: Ryman)

Fri, 19 May 2023

The New Zealand sharemarket broke through the 12,000 points mark, with a 1% rise, spurred on by a solid earnings performance from a revitalised Ryman Healthcare. The S&P/NZX 50 Index rose steadily all day and finished at 12,099.74, up 123.65 points or 1.03% – the highest close for three months. The index gained 1.35% for the week and has increased more than 5.2% so far this year. There were 93 gainers and 30 decliners over the whole market with 35.77 million shares worth $116.55m changing hands. Ryman Healthcare’s...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

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