Second trading day on NZX flat for 2025
The New Zealand sharemarket finished the second trading day of the year on a flat note, but there was continued interest in energy stocks Contact and Mercury in anticipation of an index change.
The S&P/NZX 50 Index perked up at lunchtime after falling to a morning low of 12,973.01 and closed at 13,072.93, up 5.1 points or 0.039%.
Volumes increased with 21.06 million share transactions worth $114.52 million. Contact, likely to replace Mercury in the MSCI World Index next month, saw 3.08 million shares worth $29.66m change hands, while Mercury had trade of 2.5 million shares worth $14 ...MORE»
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Busy day on sharemarket; Good weekly end
The New Zealand sharemarket soon got over the shock of the worse-than-expected gross domestic product data with a rise of more than 1% – on a day dominated by index changes and late heavy trading.
The S&P/NZX 50 Index was in and out of positive territory before the late surge and closed at 12,904.11, up 149.96 points or 1.18%.
The index finished the turbulent week with a gain of nearly 1.2% and is now 9.6% ahead for the year.
'A little choppy'
Trading was extended for the quarterly rebalance of the NZX, ASX and FTSE Russell indices, and 74.56 million shares worth $344.39 changed ...MORE»
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