MARKET CLOSE: NZ shares dip as rising kiwi crimps exporters, NZX website offline

MARKET CLOSE: NZ shares dip as rising kiwi crimps exporters, NZX website offline
Dan Brunskill
New Zealand shares missed a regional rally as the strong kiwi dollar stymied strong offshore leads, while the NZX’s website went offline in the afternoon. The S&P/NZX 50 Index decreased 19.79 points, or 0.2 percent, to 11,770.75. Within the index, 20 stocks fell, 26 rose and four were unchanged. Turnover was $148.1 million. Trading may have been slowed by the NZX’s website coming offline for much of the afternoon in similar circumstances to the cyber-attacks in August. Those unable to access the website were redirected to an alternate...

More Markets

NZ sharemarket up nearly 0.5%, third rise this week
Markets Market Close

NZ sharemarket up nearly 0.5%, third rise this week

The S&P/NZX 50 Index gained 56.99 points or 0.44% to 13,000.56.

NZ sharemarket lifts off after Auckland Airport numbers
Markets Market close

NZ sharemarket lifts off after Auckland Airport numbers

The S&P/NZX 50 Index closed at 12,943.57, gaining 59.19 points or 0.46%.

Graham Skellern 15 Jan 2025
Auckland Airport numbers bounce back
Markets

Auckland Airport numbers bounce back

Numbers highest since the pandemic hit five years ago.

Staff reporters 15 Jan 2025
NZD outlook: 2025 more about surviving
Markets

NZD outlook: 2025 more about surviving

The kiwi shed more than 11% in 2024, and we already see more downsides. 

Rebecca Howard 15 Jan 2025