The Markets

NZ sharemarket bounces back after Fletcher Building recovery

Friday 16th of February 2024

The S&P/NZX 50 Index traded strongly in the afternoon and closed at 11,724.48, up 84.44 points or 0.73%.

The index finished the week shedding nearly 1.2%. There were 85 gainers and 51 decliners over the whole market on volumes of 26.85 million share transactions worth $109.73m.

Shane Solly, portfolio manager with Harbour Asset Management, said there was another twist from th...

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