NZ sharemarket down 0.2% as Trump retakes office

Shares worth $82.05m changed hands. (Image: NZME)

Tue, 21 Jan 2025

President Donald Trump’s renewed tariff threats on his inauguration day rattled Fisher and Paykel Healthcare while the New Zealand sharemarket lacked any real direction.The S&P/NZX 50 Index wavered between an intraday low of 13,019.23 and a high of 13,127.79 before closing at 13.052.9, down 35.41 points or 0.27%.It was another quiet trading day, with 17.95 million shares worth $82.05m changing hands.'Sensitive'Trump said he was thinking of 25% tariffs on Mexico and Canada from Feb 1 because of their border policies as he signe...

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