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Market close: NZ sharemarket falls as investors digest economic data
5 May, 2021 05:38 AM
4 minutes to read
ANZ New Zealand reported half-year profit increased 18 per cent to $930m. Photo / 123RF
NZ Herald
By: Graham Skellern
Investors stepped back to digest a flow of economic data and what it means as the New Zealand sharemarket fell half a per cent after two days of rises. The S&P/NZX 50 Index was down 63.88 points or 0.49 per cent to 12,848.31 in rocky trading, after hitting an intraday low of 12,759.14 and high of 12,912.19.
There were 61 gainers and 70 decliners over the whole market, with 61.7 million shares worth $232.49 million changing hands.