The Markets

NZ shares fall for sixth session

Monday 18th of January 2021

The S&P/NZX 50 Index fell 186.33 points, or 1.4 percent, to 12,838.36. Within the index, 34 stocks fell, 11 rose and five were unchanged. Turnover was $108.5 million.

Today’s decline pulled the benchmark index 5.3 percent below the all-time high reached on Jan. 8 and down 1.8 percent this year.

Renewable energy generator Meridian Energy remained the biggest drag on the...

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