MARKET CLOSE: Firm start to the week as A2 drives NZ shares higher

MARKET CLOSE: Firm start to the week as A2 drives NZ shares higher
Victoria Young
By Victoria Young Sept. 30 (BusinessDesk) - New Zealand shares edged higher today led by A2 Milk, while retirement village stocks were among the day’s gainers.  The S&P/NZX50 Index increased 89.12  points, or 0.8 percent, to 10,925.62. Within the index, 41 stocks rose, 8 fell, and one was unchanged. Turnover was $153.8 million, with just 12 stocks trading on volumes of more than a million shares. “There’s been a reasonable start to the week, and a lot of that improvement relates to upside in A2 Milk,” said Grant Williamson, an investme...

More Markets

NZ sharemarket falls 0.1% as earnings roll on
Markets Market Close

NZ sharemarket falls 0.1% as earnings roll on

The S&P/NZX 50 Index closed at 13,051.12, down 17.81 points or 0.14%.

Graham Skellern 18 Feb 2025
Heartland declares $49.6m impairment in NZ business
Finance

Heartland declares $49.6m impairment in NZ business

Heartland Group shares fell 12% in early trading.

Gregor Thompson 18 Feb 2025
What's behind Synlait's rapid share price rise?
Primary Sector

What's behind Synlait's rapid share price rise?

The shares started the year at 40c – and have now passed $1. 

Genesis to develop $110m solar farm near Christchurch
Markets

Genesis to develop $110m solar farm near Christchurch

The planned development near Leeston is the fourth in Genesis' solar farm pipeline.

Staff reporters 18 Feb 2025