MARKET CLOSE: NZ shares fall as Iranian retaliation rocks markets; Burger Fuel quits Iraq

MARKET CLOSE: NZ shares fall as Iranian retaliation rocks markets; Burger Fuel quits Iraq
Paul McBeth
New Zealand shares joined a global sell-off as Iran’s retaliatory attack on US military bases dented investor confidence. The S&P/NZX 50 Index dropped 72.88 points, or 0.6 percent, to 11,556.98. Within the index, 29 stocks fell, 15 rose, and six were unchanged. Turnover was $89.1 million. Stocks across Asia were weaker as reports of the Iranian missile attack emerged. However, they recovered some of those losses when Iran’s foreign minister, Mohammad Javad Zarif, said the attack was a proportionate response to the fatal US drone strike on...

More Markets

Bulls, bears and analysis …
Opinion

Simon Robertson: Bulls, bears and analysis …

Why price-to-earnings ratios don’t cut it.

Simon Robertson 15 Nov 2025
NZ stocks take Wall Street lead to end down 1%
Markets Market Close

NZ stocks take Wall Street lead to end down 1%

The S&P/NZX 50 Index closed down 133.41 points or 0.98% at 13,464.46.

Jamie Gray 14 Nov 2025
Zoono says it knows no reason for share price surge, halt lifted
Markets

Zoono says it knows no reason for share price surge, halt lifted

A trading halt granted by the ASX to Australian-listed New Zealand antimicrobials manufacturer Zoono on Wednesday after a price query has been lifted after the company said it knew of no reason for its share price soaring.Its share price rose from 0.09c to 0.18c on volumes much h...

Denise McNabb 14 Nov 2025