NZX50 drifts as investors chew over week’s highs and lows

Tracking management software firm ERoad's shares didn't move much today as the market digested news. (Image: Getty)

Fri, 23 Jun 2023

New Zealand’s sharemarket went into the weekend on a flat note as investors chewed over the big news of the week which included companies cutting guidance and some dramatic share price movements.The S&P/NZX 50 Index fell 1.5 points, or 0.01%, to 11,737.55. Turnover on the entire market was $119.2 million and 49 stocks rose while 74 fell. Octagon's chief investment officer Paul Robertshawe said the market had been quiet on Friday with little news after Thursday was dominated by ERoad’s share jump and Pacific Edge&r...

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