NZ sharemarket down 1.2% as earnings season hits full swing

Earnings season is in full swing. (Image: NZME)

Thu, 20 Feb 2025

In a busy day of company disclosures, SkyCity Entertainment Group and Auckland International Airport helped drag the New Zealand sharemarket down after falling short of investors' expectations. The S&P/NZX 50 Index closed at 12.880.36, down 153.00 points or 1.17% on Thursday. Across the whole market, there were 41 gainers and 91 decliners, with 40.4m million shares worth $155m changing hands.The index remained 1.43% down this year, while the benchmark across the Ditch, the S&P/ASX 200, rose 1.34% up for the year an hour before...

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