NZ sharemarket down 1.5% for week, 8.4% for year

(Image: Getty)

Fri, 11 Apr 2025

The New Zealand sharemarket finished a tumultuous week with a fall of nearly 1.5%, but it came away reasonably unscathed from the gyrations offshore.After another down day on Wall Street, the S&P/NZX 50 Index opened lower and then traded steadily to close at 12,019.13, down 182.3 points or 1.49%.Volumes were lighter, with 26.7 million shares worth $104.55m changing hands.With daily swings of minus 3.68% and plus $3.34%, the index ended the week with a decline of more than 1.5% and has now fallen nearly 8.4% for the year.'Worst of the ta...

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