NZ sharemarket ends week with healthy rise of over 1%

(Image: Getty)

Fri, 26 Jan 2024

The New Zealand sharemarket had another quiet day, ignoring further gains on Wall Street, but it completed the week with a healthy rise of more than 1%.The S&P/NZX 50 Index fell sharply at the opening and had a late rise for the second day, running to close at 11,875.03 – down 14.6 points or 0.12% after reaching an intraday low of 11,816.91. The NZX index gained nearly 1.5% this week and has risen 0.8% so far this year.The Australian securities exchange (ASX) exchange across the Tasman was closed for the Australia Day holiday, an...

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