The Markets

Interest rate fears dampen NZ sharemarket

Thursday 20th of April 2023

Despite a lunchtime rebound, the S&P/NZX 50 Index closed the session down 38.13 points or 0.32% to 11,879.68.  

There was an even spread of 66 gainers and 60 decliners over the whole market, with 29.72 million shares worth $120.15m changing hands.

Jeremy Sullivan, investment advisor with Hamilton Hindin Greene, said core domestic (non-tradeable) inflation was still...

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