Freightways reached a new all-time high, and Skellerup made a strong gain as the New Zealand sharemarket defied the volatility overseas with a flat finish.
While Asian-Pacific markets were making a rapid rebound, the S&P/NZX 50 Index traded steadily after an early-morning dip and closed at 13,446.37, up 2.35 points or 0.02%. The index reached an intraday low of 13,3...