MARKET CLOSE: NZ shares dip on eve of major regulatory decisions

MARKET CLOSE: NZ shares dip on eve of major regulatory decisions
Paul McBeth
New Zealand shares dipped ahead of major regulatory decisions on domestic banking and fuel markets tomorrow. The S&P/NZX 50 Index decreased 18.40 points, or 0.2 percent, 11,209.87. Within the index, 25 stocks fell, 22 rose, and three were unchanged. Turnover was $152.4 million. Stocks across Asia were generally weaker as investors continued to fret over whether China and the US will reach a trade agreement before the end of the year. Australia’s S&P/ASX 200 Index dropped 1.5 percent in afternoon trading, while Hong Kong’s Hang Seng was do...

More Markets

NZ dollar struggles under tariff shadow, RBNZ in spotlight
Economy

NZ dollar struggles under tariff shadow, RBNZ in spotlight

The RBA’s surprise decision to hold adds to the view the RBNZ will pause. 

NZX not crying over spilt a2 Milk, gains 0.74%
Markets Market close

NZX not crying over spilt a2 Milk, gains 0.74%

Summerset shares lifted 3% to $12 after a trading update.

Gregor Thompson 08 Jul 2025
Pinnacle emerges with substantial F&P Healthcare stake
Markets

Pinnacle emerges with substantial F&P Healthcare stake

Sydney-based Pinnacle was founded by Ian Macoun.

Staff reporters 08 Jul 2025