NZ sharemarket ends roller coaster of a year in positive territory

The NZX finished “a roller coaster” year with a 2.6% gain. (Image: NZME)

Fri, 29 Dec 2023

The New Zealand sharemarket finished “a roller coaster” year with a 2.6% gain after seeing in the New Year on a flat note.The S&P/NZX 50 Index had a bumpy half-day trading session and closed at 11,770.49, up 1.81 points or 0.02% after reaching an intraday low of 11,745.1.There were 71 gainers and 48 decliners over the whole market on light volumes of 12.89 million share transactions worth $27.67m.The NZX top 50 index had its fifth worst 12 months in 15 years. The global financial crisis in 2008 sent the market down 32.8%. Since...

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