NZ sharemarket closes lower as tech stocks buoyed by Oracle update

Oracle's surging share price on the US stock market has buoyed tech stocks on the NZX. (Image: Getty)

Thu, 11 Sep 2025

The New Zealand sharemarket was down on Thursday despite data centre owner Infratil being buoyed by the sharp share price rise by United States tech giant Oracle.The S&P/NZX 50 Index closed down 0.35% or 47.09 points, falling to 13,229.15, after 33.4 million shares worth $118.5m were traded.The S&P/NZX 20 index closed at 7,654.47 points, down 0.37%, while the S&P/NZX 10 index ended the day at 12,779.57, falling 0.36%.There were 54 gainers on the main board and 73 decliners.'A lot of anticipation'Generate Investment Managemen...

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