a2 Milk boosts NZ sharemarket; Hallenstein Glasson leads gains

Infant formula marketer a2 Milk, which has been on a roll since announcing its result, gained 36c or 3.5% to $10.66. (Image: Getty)

Jamie Gray

Thu, 28 Aug 2025

The New Zealand sharemarket ended firmly, driven mostly by a2 Milk and significant improvements in selected second-line stocks.The S&P/NZX 50 Index ended up 41.24 points, or 0.32%, at 12,903.08, with 40 million shares worth $169.6m trading.There were 76 rises and 53 falls on the main board.News that ANZ’s Business confidence survey improved by two points in August to a net 50% of respondents expecting better business conditions was taken as a mild positive.“Things are still challenging, but the fact that business confidence has...

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