NZ sharemarket down 0.6% on eve of US tariffs

Bourses around the world fell. (Image: Getty)

Tue, 04 Mar 2025

The New Zealand sharemarket fell on Tuesday, with shares in Fisher & Paykel Healthcare and Infratil dragged down by the threat of United States tariffs on Canada and Mexico, which will come into effect Wednesday.The S&P/NZX 50 Index closed down 0.64% or 80.34 points, falling to 12,469.71. 33,272,091 shares changed hands, worth $133 million.The other boards were also down. The S&P/NZX20 index closed at 7,469, down 0.64%, while the S&P/NZX10 index closed at 1,892.38, down 0.59%.There were 42 gainers on the main board and 94 declin...

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