The Markets

NZ sharemarket rocked by US inflation data

Friday 26th of April 2024

The S&P/NZX 50 Index initially held up over the morning session but fell during the afternoon to close down 141.34 points, or 1.18%, at 11,805.

There were 93 decliners and 42 gainers over the whole market on volumes of 27.52 million share transactions worth $111.78m.

Harbour Asset Management portfolio manager Shane Solly said plenty of factors are in play with the local mark...

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