Solid results brought an end to days of decline for NZ sharemarket

A2 milk bounced back after yesterday's fall. (Image: Getty)

Tue, 22 Aug 2023

The New Zealand sharemarket was more sympathetic on a lighter day for company reporting, and a2 Milk had a nice bounce-back.The S&P/NZX 50 Index finished at 11,485.26, up 26.56 points or 0.23%, following the 1.31% fall the day before. The index traded between a low of 11,423.94 points and a high of 11,489.18.The main board had 56 gainers and 68 decliners, with 25.15 million shares worth $113.16m changing hands.Shane Solly, portfolio manager with Harbour Asset Management, said the market was settling down after the rough day previously.&ldqu...

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