The New Zealand sharemarket experienced a decline on Friday, falling nearly 0.6% to close at 13,753.73. This downturn of 79.07 points, representing a 0.57% decrease, occurred despite reaching an intraday high of 13,875.4. Leading energy companies Contact Energy and Meridian were key contributors to the market’s weakness, reacting to changes in a global index. The S&P/NZX 50 Index showed a mid-day dip before closing lower. Investors observed the shifts, as the market ended the week on a negative note. The changes signal a potential period of volatility for the New Zealand sharemarket.