The Markets

NZ sharemarket firms ahead of mini-budget and economic update

Tuesday 19th of December 2023

The S&P/NZX 50 Index had a solid afternoon after an early-morning fall and closed at 11,617.37, up 52.39 points or 0.45%.

The index reached an intraday low of 11,492.62 points and has gained nearly 1.3% for the year with a week of trading remaining. There were 70 gainers and 59 decliners over the whole market on volumes of 34.49 million share transactions worth $101.27 million.

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