NZ sharemarket edges down as investors mull over last week’s data

My Food Bag had a lift in its share price. (Image: Supplied)

Mon, 19 Jun 2023

New Zealand’s sharemarket investors seem to have spent Monday mulling over last week’s data as there was little on the company news front to drive prices today.The S&P/NZX 50 Index fell 49.3 points, or 0.4%, to 11,750.750. Turnover on the entire market was a very light $74.9 million with 50 stocks rising and 75 falling.Hamilton Hindin Greene’s Grant Davies said it had been a quiet day in the US on Friday which had bled through into NZ’s market on Monday, with the New York Stock Exchange due to be closed overnight for...

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