Market close: NZ sharemarket falls nearly 1% ahead of ETFS activity
15 Apr, 2021 05:38 AM
4 minutes to read
After some steady rises over the past two weeks, both Contact and Meridian fell. Photo / Supplied
After some steady rises over the past two weeks, both Contact and Meridian fell. Photo / Supplied
NZ Herald
By: Graham Skellern
The New Zealand sharemarket was a little edgy and fell nearly 1 per cent as it awaited Friday s unique exchange traded funds activity in the leading energy stocks, Contact and Meridian. The S&P/NZX 50 Index closed at 12,636.55, down 114.83 points or 0.9 per cent on solid volume of 64.6 million share transactions worth $219.62 million. The index fell from an early morning burst that reached 12,770.83 points.