NZ sharemarket closes at new high as oil prices fall
The S&P/NZX 50 Index reached a new record high, rising 0.57% as oil prices declined.
The S&P/NZX 50 Index closed at 13,850.69, up 78.40 points or 0.57%, marking a new high for the market. After dipping to a morning low of 13,707.56, the index recovered strongly in afternoon trading. Telco Spark was among the gainers, boosted by a business reorganisation.
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BusinessDesk
NZ sharemarket closes at new high as oil prices drop
Telco Spark had a decent rise on a reorganisation of its business as the New Zealand sharemarket made a positive start to the week, with the oil price falling. The S&P/NZX 50 Index fell to a low of 13,707.56 in…
NZ Herald
NZ sharemarket closes at new high as oil prices drop – Market close
The S&P/NZX50 Index closed at 13,850.69, up 78.40 points or 0.57%.