NZ sharemarket has quieter day after yesterday's swings
The S&P/NZX 50 Index fell at the opening despite the Nasdaq Composite reaching a record close in the United States.
The NZX index was helped by a late rise and finished up 2.9 points or 0.02% to 11,744.39 after reaching an intraday low of 11,683.4.
The index ended a hectic week ahead by 0.2% and is down by the same amount for the year. There were 70 gainers and 65 decliners on the main board, with 36.16 million shares worth $115.86m changing hands, compared with $598.26m worth the day before.
The Nasdaq Composite, driven by the Magnificent 7 tech stocks, increased 0.9% to an all-time high of 16,091.92 points, beating the previous record of 16,057.44 set in November 2021.
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