Ryman lifts as NZ sharemarket ends flat after rate‑cut rally fades

Ryman lifts as NZ sharemarket ends flat after rate‑cut rally fades
Ryman Healthcare had its share price rise following an update on its half-year performance. (Image: Supplied)
Tom Raynel
The New Zealand share market has closed up after a rally late in the day pushed it to a small gain.The S&P/NZX 50 Index closed up 0.02% or 2.38 points on 13,570.86 after 42.7 million shares worth $157.5m were traded.The S&P/NZX 20 index was also flat, closing at 7,771.07 points, up 0.03%, while the S&P/NZX 10 index ended the day at 12,914.61, rising 0.20%.There were 81 gainers and 55 decliners on the main board.Salt Funds Management managing director Matt Goodson said that the market was “a bit directionless” after Wedne...

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