Sharemarket ends flat after rocky start

Sharemarket ends flat after rocky start
(Image: Getty)
Graham Skellern
The New Zealand sharemarket opened the week in a lacklustre mood following the Easter break, with Summerset Group acknowledging the tough trading in the retirement village sector.The S&P/NZX 50 Index had a rocky session, falling in the morning and recovering in the afternoon to finish flat at 11,873.58, up 3.5 points or 0.03%. The index traded within a range of 11,835.84 and 11,905.62 points.There were 86 gainers and 48 decliners over the whole market, with 24.41 million shares worth $92.62m changing hands.Jeremy Sullivan, an investment adv...

More Markets

JB Hi-Fi continues NZ charge, plans three more stores
Retail

JB Hi-Fi continues NZ charge, plans three more stores

The electronics retailer wants 26 stores in New Zealand by the end of next year.

PEP buys 75% of Spark datacentres
Markets

PEP buys 75% of Spark datacentres

The deal is bigger than expected and at the low end of valuations.

Rakon's Robinson standing 'to do one thing'
Markets

Rakon's Robinson standing 'to do one thing'

Brent Robinson has laid out his vision for Rakon as he campaigns to lead its board.