Shares close unchanged; Napier Port booted from NZX 50

Dan Brunskill
Fri, 03 Dec 2021

Dan Brunskill
Fri, 03 Dec 2021
The New Zealand sharemarket was virtually unchanged on Friday with the benchmark equity index making a 0.4% gain this week despite starting it with a 1.5% fall due to omicron.    The S&P/NZX 50 Index rose 6 points, or 0.1%, to 12,676.5. Turnover was $161 million.Harbour Asset Management said in a note today that the emergence of the omicron variant had reminded investors there was a way to go before conditions get back to ‘normal’.“But for those companies with pricing power and structural growth drivers, there is...

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