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

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

NZX ends half year down 3.6%
Markets Market Close

NZX ends half year down 3.6%

"We’ve continued to lag relative to other markets," analyst says.

Gregor Thompson 30 Jun 2025