Infratil, Mainfreight hit by US news flow; NZX down 2.3%

Infratil, Mainfreight hit by US news flow; NZX down 2.3%
Mainfreight shares have sunk nearly 25% so far this year. (Image: Supplied)
Gregor Thompson
The New Zealand benchmark has followed US markets downward as news flowing from Washington, DC, continues to pulse through markets. After a four-day break over Easter, the S&P/NZX 50 fell 2.33% to 11,836.69 points on another day of light trading volumes. 31.95 million shares changed hands, totalling $105.1m in value traded. The US S&P 500, which was open on Monday, fell 2.36% as US President Donald Trump renewed his criticism of Federal Reserve chair Jerome Powell. At 5pm on Tuesday, the S&P/ASX200 was down a marginal...

More Markets

How Sharesies is providing ‘patient’ capital for listeds
Finance

How Sharesies is providing ‘patient’ capital for listeds

The online platform is being tapped for bookbuilds and dividend reinvestment plans.

NZX rallies 0.87% as tariff uncertainty eases
Markets Market Close

NZX rallies 0.87% as tariff uncertainty eases

Skellerup bounced 4.11% as investors digested easing tariffs. 

Gregor Thompson 13 May 2025
Flick not profitable before $70m sale to Meridian
Markets

Flick not profitable before $70m sale to Meridian

After eight years of trying in electricity retailing, Z throws in the towel.

Ian Llewellyn 13 May 2025
Vista to take 25 Picturehouse Cinema sites to the cloud in 2025
Markets

Vista to take 25 Picturehouse Cinema sites to the cloud in 2025

The listed cinema software firm has its AGM on May 21.