The Markets

High flying Air NZ does not lift the sharemarket

Thursday 24th of August 2023

The S&P/NZX 50 Index dipped in the early afternoon and closed at 11,502.13, declining 69.8 points or 0.6%.

There were 68 gainers and 66 decliners on the main board, with 28.33 million shares worth $96.31m changing hands.

Jeremy Sullivan, an investment advisor with Hamilton Hindin Greene, said the general election was approaching quickly and business confidence was low.

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