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Market close: NZ sharemarket drifts higher but Serko surges

Market close NZ sharemarket drifts higher but Serko surges
Serko confirmed an increase in revenue guidance.

Uncertainty was in the market around what direction to take.

The New Zealand sharemarket lacked direction ahead of some defining events but Serko went only one way, surging more than 15% on increased revenue and growth.

The S&P/NZX 50 Index was up and down all day and closed at 12,783.36, up 11.75 points or 0.09% after reaching an

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