Delegat provides a bubbly end to NZ reporting season

Cheers: Delegat is forecasting to lift case sales by 13% over the next three years. (Image: Supplied)

Fri, 29 Aug 2025

The New Zealand sharemarket ended with a modest gain, with major wine exporter Delegat Group leading the rises despite reporting a fall in earnings.The S&P/NZX 50 Index closed 27.65 points (0.21%) higher at 12,930.73, with 35 million shares, worth $164.1m trading.There were 79 gains and 58 falls on the main board.Overnight, Wall Street’s S&P 500 and Dow Jones Industrial Average hit new highs.Port not making Stella progressPort of Tauranga (POT) gained 15c or 2.2% to $7.06 after reporting a 23% lift in its underlying net profit to...

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