NZ sharemarket rises as Auckland airport shares lift off

Auckland International Airport shares took off following a favourable review, Air NZ dipped. (Image: AIA)

Wed, 13 Dec 2023

The New Zealand sharemarket staged a strong rebound after Auckland International Airport took off following a favourable review from the Commerce Commission.The S&P/NZX 50 Index remained solid after an early-morning rise and closed at 11,475.77 points, up 93.19 points or 0.82%.There were 82 gainers and 45 decliners on the main board, with 27.52 million shares worth $96.24 million changing hands.The local market was heartened by cooling inflation in the United States, with the major indices there reaching new intraday 52-week highs. The...

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