The Markets

NZ sharemarket gains over 0.5% as inflation falls

Wednesday 17th of April 2024

The S&P/NZX 50 Index powered ahead in the afternoon and closed at 11,875.35, up 70.51 points or 0.6% after reaching an intraday low of 11,762.28. The index fell nearly 1% the day before. 

There were 55 gainers and 87 decliners over the whole market on volumes of 22.72 million share transactions worth $102.24m.

The March quarter consumers price index increased by 0.6%, a...

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