The Markets

NZ sharemarket steadies after govt opens the books

Tuesday 12th of September 2023

The S&P/NZX 50 Index was on a rollercoaster ride and reached an intraday low of 11,266.83 points before the announcement of the Prefu (pre-election economic and fiscal update).

The index bounced back and ended its `thrilling’ ride at 11,298.7, down just 3.7 points or 0.03%. Still, it was the eighth successive fall by the index.

There were 64 gainers and 60 decliners ov...

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