Sharemarket starts week on a buoyant note

Sharemarket starts week on a buoyant note
Investors were in a positive mood on Monday. (Image: Getty)
Graham Skellern
The New Zealand sharemarket moved into the Anzac Day commemoration in a buoyant mood, rising nearly one percent with several consumer stocks having a solid day.The S&P/NZX 50 Index started the week slowly but had a strong rally on light trading in the afternoon to breach the 12,000 points level for the first time in nine weeks.The index closed at 12,026.39, up 98.89 points or 0.83%, after reaching an intraday low of 11,873.81. The index was at 12,144.66 points on Feb 17.There were 75 gainers and 55 decliners over the whole market, with 19.9...

More Markets

Genesis takes another step in increasing NZ's battery capacity
Markets

Genesis takes another step in increasing NZ's battery capacity

Grid-scale batteries add to the mix, but questions remain over economic viability.

NZ sharemarket rises strongly on power company gains
Markets Market Close

NZ sharemarket rises strongly on power company gains

Positive day for Mercury and Meridian as well as a2 Milk despite gloom on global front. 

Tom Raynel 04 Jun 2025
Why MCK’s failed takeover lost Sharesies a customer
Markets

Why MCK’s failed takeover lost Sharesies a customer

This former Sharesies user made bank on MCK, but is leaving the platform anyway.