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The Markets

NZ sharemarket up 0.1% on flat trading day

Wednesday 3rd of July 2024

The S&P/NZX 50 Index fluctuated between 11,815.16 and 11,745.46 on quiet trading and closed at 11,790.92, up 14.18 points or 0.12%.

  There were 61 gainers and 64 decliners on the main board, with 30.87 million shares worth $99.64m changing hands.

On Wall Street, the S&P 500 and Nasdaq Composite indices posted new milestones, for the first time closing above 5,500 and 18,000 points respectively. 

The Nasdaq, which has gained 22% this year and 305% over the past 10 years, was up 0.84% to 18,028.76 points, though Nvidia declined 1.31% to US$122.67 (NZ$201.70). 

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