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

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024