The Markets

NZ sharemarket catches Wall Street’s New Year hangover

Wednesday 3rd of January 2024

The S&P/NZX 50 Index had a generally weak trading session and closed at 11,730.13, down 40.36 points or 0.34 per cent after reaching an intraday low of 11,695.01.

Mark Lister of Craigs Investment Partners said it was unsurprising the market was off the boil given the negative leads from overseas markets following such a strong rally at the back end of last year.

“Even...

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