NZ sharemarket dragged down by a2, Ebos

(Image: Getty)

Wed, 03 Sep 2025

The New Zealand sharemarket, driven down by Ebos and a2 Milk, had its first fall in five days and is looking for definitive leads from offshore.The S&P/NZX 50 Index initially defied weakness on Wall Street but then gradually slid in the afternoon and closed at 13,074.81, down 58.34 points or 0.44% after reaching an intraday high of 13,158.78.There were 69 gainers and 70 decliners on volumes of 39.1 million share transactions worth $127.6m.Global turmoilThe United States markets followed the Labour Day holiday with reasonable falls.The...

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