‘Financial markets hate tariffs’: NZX 50 down 0.5%

The accelerating trade war is spooking equities investors. (Image: Daniel Torok)

Wed, 05 Mar 2025

The New Zealand sharemarket's benchmark index fell for its third consecutive day as signals from across the Pacific show the trade war between the United States and its largest trading partners is heating up.The S&P/NZX 50 Index closed at 12,412.07, down 57.64 points or 0.46% on Wednesday. Across the whole market, 48 shares gained and 92 declined, with 36.8 million shares worth $172.1m changing hands. Matthew Goodson, director and portfolio manager at Salt Funds, said markets are finding it hard to ignore the volatility brought on...

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