The Markets
NZ sharemarket down over 1%
Thursday 25th of July 2024
After the early-morning decline, the S&P/NZX 50 Index traded steadily but then had a late fall and closed at 12,396.27, down 134.72 points or 1.08%.
There were 53 gainers and 84 decliners on the main board, with 57.82 million shares worth $152.08m changing hands.
Global markets
On Wall Street, the technology-driven Nasdaq Composite had its worst trading day since October 2022, falling 655 points or 3.64% to 17,342.41, and the S&P 500 its worst since December 2022, declining 2.31% to 5,427.13.
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