NZ sharemarket takes a breather despite strong performance from Hallenstein Glasson

NZ sharemarket takes a breather despite strong performance from Hallenstein Glasson
(Image: Getty)
Graham Skellern
Hallenstein Glasson shone bright with a solid first-half performance but the New Zealand sharemarket took a breather after a strong rally this week.The S&P/NZX 50 Index traded in a narrow range of 11,870.4 and 11,933.17 before closing at 11,884.5, down 48.66 points or 0.41%. The index finished the week with a gain of 2.6% and the first quarter was ahead by 3.7%. Its Australian counterpart S&P/ASX 200 Index looks like finishing the quarter with a gain of 2.7%, after being up 0.79% to 7178.6 points at 5.45pm NZ time.On the local mark...

More Markets

Investor days to test gentailer plans for new build and firming
Markets

Investor days to test gentailer plans for new build and firming

Investors want answers on build delays, capital plans and Huntly’s future.

Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Seventh global dairy price drop, supply outstripping demand
Primary Sector

Seventh global dairy price drop, supply outstripping demand

The latest auction will put further pressure on Fonterra's payout.