MARKET CLOSE: NZX50 firms in mixed trade: Pushpay extends gain while Trustpower falls

MARKET CLOSE: NZX50 firms in mixed trade: Pushpay extends gain while Trustpower falls
Jenny Ruth
The key New Zealand share index was mildly stronger despite the number of its constituents falling matching those that gained. Pushpay Holdings extended its gains after reporting strong results and A2 Milk bounced back from Wednesday's sell-down. On the negative side, Trustpower was among the biggest decliners after reporting a fall in first-half net profit and trimming its full-year guidance. The benchmark S&P/NZX 50 Index rose 35.88 points, or 0.3 percent, to 10,795.06. Within the index, 21 stocks rose, 21 fell and eight were unchanged....

More Markets

NZ sharemarket ends week down 1.2%
Markets Free Market Close

NZ sharemarket ends week down 1.2%

The S&P/NZX 50 Index closed at 12,113.54, gaining 58.82 points or 0.49%.

Graham Skellern 21 Mar 2025
The Warehouse Group margins take hit
Retail

The Warehouse Group margins take hit

The retail group reported half-year earnings at the upper end of guidance.

Gregor Thompson 21 Mar 2025
Investor Jim Grenon challenges NZME board on dividend excesses
Markets Exclusive

Investor Jim Grenon challenges NZME board on dividend excesses

PLUS: NZME reveals talks it was having with rival publisher Stuff are on hold. 

‘Hope is not a strategy’: energy sector’s winter worries
Markets

‘Hope is not a strategy’: energy sector’s winter worries

Despite a fair amount of positive news, there was scepticism and a few home truths.

Ian Llewellyn 21 Mar 2025