Asian stocks rocked overnight as NZX gets set for more volatility

Asian stocks rocked overnight as NZX gets set for more volatility
The S&P 500 dropped 2.3% on open before recovering. (Image: Corey Fleming)
Gregor Thompson
Market turmoil deepened overnight as United States President Donald Trump signaled no retreat from his trade policies despite escalating fears of a global recession. Ahead of the market opening on Tuesday, Hamilton Hindin Greene investment adviser Jeremy Sullivan said it was difficult to forecast what the NZX had in store. “It's very difficult to say. Futures are pointing to another downward day for us,” Sullivan said.The NZX 50 benchmark fell 3.68% to 11,775.88 points on Monday, taking year-to-date losses to 9.89%. Th...

More Markets

NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025