NZ sharemarket down 0.2%

There were 52 gainers and 82 decliners on the main board. (Image: NZME)

Tue, 09 Dec 2025

The New Zealand sharemarket was decidedly cautious as Westpac increased its longer-term mortgage rates and the Reserve Bank of Australia kept its cash rate on hold.The S&P/NZX 50 had a steady morning but dipped in the afternoon and closed at 13,454.78, down 31.54 points or 0.23%.There were 52 gainers and 82 decliners on the main board, with trading reaching 51.1 million share transactions worth $214.8m.'Protecting their margins'Greg Smith, investment specialist at Generate, said the market was talking about Westpac lifting two-...

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