Market gets off to a slow start for 2025

Fisher & Paykel contributed to today's weakness. (Image: File)

Fri, 03 Jan 2025

By Tamsyn ParkerThe New Zealand sharemarket had a weak start to the year with the benchmark S&P/NZX 50 falling in light trading.The index closed down 0.33% at 13,067.830, down 42.910 points, on trading of 21.78 million shares worth $93.47 million. There were 52 decliners and 90 gainers on the main board.Shane Solly, portfolio manager with Harbour Asset Management, said the market was weak following on from a slightly weaker United States market overnight.“The volume isn’t very high and so the difference between today and the las...

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