The Markets

NZ sharemarket drifts as takeover bid rejected

Tuesday 18th of July 2023

The S&P/NZX 50 Index lacked conviction and closed at 11,932.81, down 6.1 points or 0.05% after reaching an intraday high of 11,944.35.

There were 71 gainers and 58 decliners over the whole market on light volumes of 23.13 million share transactions worth $88.09m.

Ryman Healthcare, down 1c to $6.94, dominated the trading with $14.38m worth of its shares changing hands.

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