
The Markets
Reserve Bank casts shadow over NZ sharemarket
Wednesday 29th of November 2023
The S&P/NZX 50 Index surged more than 1.2% to an intraday high of 11,409.2 points during lunchtime at the peak of market heavyweight Fisher and Paykel’s trading.
But the index came back to earth and finished flat at 11,235.94, down 1.43 points or 0.01%, following the Reserve Bank of NZ’s (RBNZ) latest monetary policy statement.
There were 96 decliners and just 34...
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