NZ sharemarket bounces back 0.5% on Middle East hopes

NZ sharemarket bounces back 0.5% on Middle East hopes
There were 73 gainers and 65 decliners over the whole market. (Image: NZME)
Graham Skellern
The New Zealand sharemarket posted a solid 0.5% gain, joining other regional sharemarkets in bouncing back as tension between Iran and Israel appeared to ease,The S&P/NZX 50 Index turned around at lunchtime after reaching a morning low of 11,731.04 and closed at 11,852.8, up 56.58 points or 0.48%.There were 73 gainers and 65 decliners over the whole market on light trading of 21.31 million share transactions worth $67.84m.Jeremy Sullivan, investment adviser with Hamilton Hindin Greene, said the local market opened weaker following “so...

More Markets

Bulls, bears and analysis …
Opinion

Simon Robertson: Bulls, bears and analysis …

Why price-to-earnings ratios don’t cut it.

Simon Robertson 15 Nov 2025
NZ stocks take Wall Street lead to end down 1%
Markets Market Close

NZ stocks take Wall Street lead to end down 1%

The S&P/NZX 50 Index closed down 133.41 points or 0.98% at 13,464.46.

Jamie Gray 14 Nov 2025
Zoono says it knows no reason for share price surge, halt lifted
Markets

Zoono says it knows no reason for share price surge, halt lifted

A trading halt granted by the ASX to Australian-listed New Zealand antimicrobials manufacturer Zoono on Wednesday after a price query has been lifted after the company said it knew of no reason for its share price soaring.Its share price rose from 0.09c to 0.18c on volumes much h...

Denise McNabb 14 Nov 2025