Hallenstein stars as NZ stocks drift lower

Hallenstein Glasson produced a strong result in a difficult retain environment. (Image: Supplied)

Fri, 26 Sep 2025

The New Zealand sharemarket drifted lower in light trading, the highlight of the day being a strong result from clothing retailer Hallenstein Glasson.The S&P/NZX 50 Index was 42.06 points or 0.32% lower at 13,111.73, with 30 million shares worth $134.1m trading.There were 78 rises and 65 falls on the main board.Trump rattles markets In the big picture, there were renewed concerns about US tariffs after President Donald Trump said the Government would impose 100% tariffs on pharmaceutical products.Across the Tasman, shares in CSL,...

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