The Markets
NZ sharemarket ends five day bull run
Tuesday 26th of March 2024
The S&P/NZX 50 Index had another turnaround from a fall in the morning to 11,988.05 points. But the afternoon momentum succumbed to a late dip, and the index closed at 12,031.81, down 35.22 points or 0.29% after reaching an intraday high of 12.078.
There were 67 gainers and 71 decliners on the main board, with 36.49 million shares worth $137.74m changing hands.
'Pent-up performance'
Matt Goodson, managing director of Salt Funds Management, said the volumes and corporate news were light, and that’s a familiar story. “
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