New Zealand sharemarket inches upward amid recovery hopes – Market close

 New Zealand sharemarket inches upward amid recovery hopes – Market close

The S&P/NZX 50 Index closed at 13,556.3, up up 7.98 points or 0.06%.

The local market has quietly gone about making steady gains over the last 12 months. At the end of October, the NZX 50 increased 7.2%, while the MidCap Index rose 20.1%.
This compares with the S&amp…