The Markets

Local equity market ends year on a firm note

Monday 31st of December 2018

The S&P/NZX 50 Index rose 27.78 points, or 0.3 percent, to 8,811.27. That took its gain for 2018 to 4.6 percent. Within the index, 28 stocks gained, 12 fell and 10 were unchanged. Turnover was a modest $48.6 million.

The S&P/ASX 200 Index was 0.7 percent higher shortly after the NZX closed for the year.

“That’s turned the market rather nicely,” says Gra...

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