Sharemarket starts week on a buoyant note

Investors were in a positive mood on Monday. (Image: Getty)

Mon, 24 Apr 2023

The New Zealand sharemarket moved into the Anzac Day commemoration in a buoyant mood, rising nearly one percent with several consumer stocks having a solid day.The S&P/NZX 50 Index started the week slowly but had a strong rally on light trading in the afternoon to breach the 12,000 points level for the first time in nine weeks.The index closed at 12,026.39, up 98.89 points or 0.83%, after reaching an intraday low of 11,873.81. The index was at 12,144.66 points on Feb 17.There were 75 gainers and 55 decliners over the whole market, with 19.9...

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