Sharemarket has another late surge into positive territory

Seeka had some grim news for investors today. (Image: Getty)

Wed, 19 Apr 2023

The New Zealand sharemarket is perfecting the art of 'the late surge', and the country’s biggest kiwifruit grower Seeka has warned its latest harvest could be down as much as 20%.After trading flat for most of the day, the S&P/NZX 50 Index rose sharply in the last half-hour matching session and closed at 11,917.82, up 33.72 points or 0.28% – after reaching an intraday low of 11,845.01.There were 58 gainers and 75 decliners over the whole market and volumes picked up with 51.09 million shares worth $161.9m changing hands....

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