NZ sharemarket drops on more AI worries on Wall Street

The price of units in the Fonterra Shareholders’ Fund were up after the co-operative cut its milk price forecast. (Image: Supplied)

Tom Raynel

Thu, 18 Dec 2025

The New Zealand sharemarket was down again as investors remained steady following a strong gross domestic product update for the September quarter from Stats NZ.The S&P/NZX 50 Index fell 0.29% or 39.14 points to 13,256.77 after 43.6 million shares, worth $161.2m, were traded.The S&P/NZX 20 index was down 0.35%, closing at 7,537.39 points, while the S&P/NZX 10 index ended the day at 12,590.32 after falling 0.43%.There were 48 gainers on the main board and 78 decliners.NZ market follows soft USCraigs Investment Partners investment dir...

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