Employment data dominates quiet day on NZ sharemarket

New Zealand's unemployment rate hit 5.3% on Wednesday, largely in line with market expectations. (Image: Getty)

Wed, 05 Nov 2025

The New Zealand sharemarket closed down on Wednesday after a quiet day, as new data on unemployment likely locked in another rate cut by the end of the month.The S&P/NZX 50 Index closed down 0.11% or 15.025 points to 13,620.98 after 55.8 million shares worth $163.9 million were traded.The S&P/NZX 20 index was down 0.05%, closing at 7787.87 points, while the S&P/NZX 10 index ended the day at 12,986.96 after rising 0.06%.There were 57 gainers on the main board and 87 decliners.Generate investment specialist Greg Smith said it was a qu...

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