
The Markets
NZ sharemarket has biggest single-day rise in seven months
Thursday 16th of May 2024
The S&P/NZX 50 Index took off at midday in tandem with the Australian market and closed at 11,728.06, up 202.18 points or 1.75%.
The previous gain of that size was 1.78% on Nov 2. There were 94 gainers and 37 decliners on the main board, with 38.61 million shares worth $135.04m changing hands.
Across the Tasman, the S&P/ASX 200 Index had also risen 1.75% to 7,889.4 point...
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