Gentrack leads NZ sharemarket down almost 1%

NZ escapes the worst of trade war fallout for now. (Image: Getty)

Fri, 04 Apr 2025

The New Zealand sharemarket fared better than most in a week that saw a rout on Wall Street following the introduction of sweeping United States tariffs.The day after the worst Wall Street sell-down in five years, the S&P/NZX 50 Index had a sharp fall at the opening and then traded steadily to close at 12,225.28, down 113.29 points or 0.92%. There were 27.75 million share transactions worth $105.94m. The index declined 0.5% for the week and is now down 6.8% for the year. 'An ugly week'Mark Lister, investment director with...

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