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NZ sharemarket posts small decline – Market close

NZ sharemarket posts small decline  Market close
It was a busy day for annual meetings of listed companies.

The New Zealand sharemarket recorded a small decline on a busy day for annual meetings of NZX-listed companies.

A busy day for annual meetings and earnings updates pointed to improved trading performances next year but in the meantime, the New Zealand sharemarket posted a small decline.

The S&P/NZX 50 Index tumbled in the middle of the afternoon and closed at 12,787.6, down 25.55 points or 0.2%. There were

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