NZ sharemarket breaks seven days of declines

NZ sharemarket breaks seven days of declines
The NZ market followed Wall St's lead. (Image: Getty)
Graham Skellern
The New Zealand sharemarket had a welcome gain as stocks on Wall Street rebounded strongly, and business confidence picked up locally.The S&P/NZX 50 Index did have a late fall and closed at 10,757.69, up 16.12 points or 0.15% and stemming seven successive days of falls.The index had fallen into correction territory, declining more than 10% from the July 31 high of 12,056.15. The market is down 6.1% for the year to date.There were 63 gainers and 71 decliners over the whole market on improved volumes of 31.11 million share transactions worth...

More Markets

NZ sharemarket drops after weak GDP data
Markets Market Close

NZ sharemarket drops after weak GDP data

Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.

Tom Raynel 18 Sep 2025
Craigs beefs up in Hawkes Bay, eyes further expansion
Finance

Craigs beefs up in Hawkes Bay, eyes further expansion

Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.

Staff reporters 18 Sep 2025
NZ dollar on watch ahead of 3Q GDP, Fed signals
Markets

NZ dollar on watch ahead of 3Q GDP, Fed signals

Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.

Rebecca Howard 18 Sep 2025
Seeking a faster, sharper ComCom
Economy

Seeking a faster, sharper ComCom

A ‘gold standard’ approach and siloed structure slow the ComCom down.

Pattrick Smellie 18 Sep 2025