NZ sharemarket down as My Food Bag sees green shoots

My Food Bag saw its share price rise following a positive result. (Image: Supplied)

Thu, 22 May 2025

The New Zealand sharemarket fell slightly on Thursday, reflecting declining markets in the United States, Japan and Australia.However, My Food Bag and WasteCo shares rose after the companies delivered positive news.The S&P/NZX 50 Index closed down 0.32% or 40.85 points, falling to 12,662.25, with 37.4 million shares changing hands to the value of $109.2m.The S&P/NZX 20 index closed at 7,501.95, down 0.31%, while the S&P/NZX 10 index closed at 1,921.36, down 0.26%.There were 49 gainers on the main board and 90 decliners.Food business...

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