The Markets

NZ sharemarket slides as investors digest fast food results

Tuesday 8th of August 2023

The S&P/NZX 50 Index held its ground in the morning but then steadily declined to close at 11,868.75, down 65.49 points or 0.55%. The index has risen 3.6% so far this year.

There were 46 gainers and 89 decliners over the whole market, with 32.57 million shares worth $117.55m changing hands.

Greg Main, a Jarden Wealth Management adviser, said investors were taking a cautious...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.