Napier Port buoyant as NZ sharemarket rises

Napier Port buoyant as NZ sharemarket rises
Shares in Napier Port rose by 6.69% to $3.03, up 19c. (Image: Supplied)
Tom Raynel
The New Zealand sharemarket was up on Wednesday, with shares in Napier Port Holdings rising steadily following reports of a positive outlook ahead for the business.The S&P/NZX 50 Index closed up 0.47% or 58.87 points, rising to 12,703.10, with 34.9 million shares changing hands to the value of $109.4m.The S&P/NZX 20 index closed at 7,525.34, up 0.40%, while the S&P/NZX 10 index closed at 1,926.32, up 0.64%.There were 63 gainers on the main board and 58 decliners.Napier Port announced strong earnings growth for the six mont...

More Markets

Argosy swings to $126m profit on valuation rebound
Property

Argosy swings to $126m profit on valuation rebound

The revaluations helped reverse last year's net loss of $54.5m.

Gregor Thompson 21 May 2025
Napier Port to pay special dividend after $7.5m settlement
Economy

Napier Port to pay special dividend after $7.5m settlement

The Hawke's Bay port had a strong first half, handling 13.9% more containers.

Oliver Lewis 21 May 2025
Infratil’s US renewables foray ‘disappointing’
Infrastructure

Infratil’s US renewables foray ‘disappointing’

Policy uncertainty from the US could shift infrastructure investor’s focus to Asia.

Wine sector has harvest windfall, faces pricing pressures
Primary Sector

Wine sector has harvest windfall, faces pricing pressures

The harvest jumped as much as 39% compared with the prior season. 

Rebecca Howard 21 May 2025