The Markets

NZ sharemarket closes week with near 0.5% gain

Friday 12th of May 2023

The S&P/NZX 50 Index rose from a morning low of 11,857.85 to finish at 11,938.84, up 51.08 points or 0.43%. 

The index also gained the same amount for the week after the previous four days of ups and downs cancelled each other out. The index has now risen more than 4.2% so far this year.

There were 66 gainers and 61 decliners over the whole market on volumes of 37.88 mi...

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