Aussie deal boosts Freightways but NZ sharemarket down

Freightways is pushing further into Australia with an $81m acquisition. (Image: Supplied)

Wed, 17 Dec 2025

An Australian acquisition made good news for Freightways investors, but it was not enough to lift the NZ sharemarket, which dropped close to 1% on Wednesday.The S&P/NZX 50 Index fell 0.96% or 129.04 points to 13,295.91 after 37.1 million shares, worth $151.7m, were traded.The S&P/NZX 20 index was down 1.15%, closing at 7,563.78 points, while the S&P/NZX 10 index ended the day at 12,645.07 after falling 1.53%.There were 52 gainers on the main board and 78 decliners.Hamilton Hindin Greene investment adviser Jeremy Sullivan said on a d...

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Aussie deal boosts Freightways but NZ sharemarket down

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