NZ shares tread water

Fri, 29 Apr 2022

New Zealand's headline share index edged up eight points on Friday but finished the week almost unchanged as wary investors waited for US earnings and a Federal Reserve meeting.The S&P/NZX 50 Index rose 8 points, or 0.1 percent, to 12,928.70. Turnover on the main board was $163 million.Key US equities indices were up roughly 2% to 3% overnight after Facebook parent Meta impressed investors with a strong profit result.Greg Main, a wealth management adviser at Jarden, said the NZ market benefited a little from the positive sentiment in th...

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