Nvidia earnings boost global markets as NZ sharemarket closes up

Nvidia’s quarterly result beat expectations and lifted sentiment across the NZ sharemarket. (Image: Getty)

Thu, 20 Nov 2025

The New Zealand sharemarket reversed Wednesday’s losses and closed higher, with My Food Bag rallying on a positive half-year result while a2 Milk faltered after its annual shareholder meeting.But all attention was overseas with Nvidia, after the company posted above-expected earnings, defying predictions of an AI bubble.The S&P/NZX 50 Index closed up 0.84% or 112.50 points to 13,439.40 after 30.1 million shares worth $117.9m were traded.The S&P/NZX 20 index was up 0.83%, closing at 7,682.31 points, while the S&P/NZX 10 index e...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}