The Markets

Fletcher brings down the NZX

Monday 13th of May 2024

The S&P/NZX 50 Index fell sharply at the opening and couldn’t recover, declining 103.01 points or 0.88% to 11,652.16.

The index sat at 11,653.27 on Feb 19. There were 81 decliners and 56 gainers over the whole market on volumes of 24.95 million share transactions worth $84.4m.

Greg Smith, head of retail with Devon Funds Management, said the market was weighed down by s...

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