The New Zealand sharemarket had another strong day on Thursday, closing up 0.8 per cent, led by gains from blue chip stocks. Hamilton Hindin Greene investment adviser Jeremy Sullivan said the market was driven by a strong performance by A2 Milk and Mainfreight, as well as Meridian Energy and Spark. Sullivan said smaller stocks moved around the most, a trend growing because of retail investment platform Sharesies. Last week financial services company Blackwell Global Limited came under investigation by NZX Regulation in relation to its disclosure obligations. SUPPLIED Hamilton Hindin Greene investment adviser Jeremy Sullivan says the market was driven by A2 Milk and Mainfreight share prices.

Source: Stuff July 30, 2020 07:07 UTC