The Markets

Shares fall as inflation heats up

Thursday 27th of January 2022

The S&P/NZX 50 Index fell 135 points, or 1.1%, to 12,050.32. Turnover was $164 million.

US-focused church software company Pushpay led the index lower, falling 3.5% to $1.11, while travel software company Serko climbed 2.7% to $5.35.

Other significant falls came from Fletcher Building, down 3% at $6.54, and Ryman Healthcare which declined 3% to $10.20.

Vulcan Steel c...

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