NZ market falls on weak export data, S&P/NZX 50 down 0.99%

Sky TV, under CEO Sophie Moloney, has agreed to buy TV3 for one dollar. (Image: NZME)

Tue, 22 Jul 2025

Most leading stocks ended weaker on the New Zealand sharemarket on the back of soft export data, while corporate activity bubbled away in the background.The S&P/NZX 50 Index closed down 127.82 points or 0.99% at 12,883.69, with 35.4 million shares worth $184.2m trading.There were 81 falls and 56 gains on the main board.US stocks continued their march higher, with the Nasdaq and the S&P 500 reaching new record highs amid optimism about the upcoming reporting season for the June quarter, as reports from Tesla and Alphabet (Google) are due...

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