NZ sharemarket edges higher as media company NZME lifts earnings guidance

NZME has upgraded its financial forecasts and says revenue is better than expected. (Image: NZME)

Wed, 29 Oct 2025

The New Zealand sharemarket rose slightly on Wednesday after a strong lead-in from the United States markets.The S&P/NZX 50 Index closed up 0.05% or 6.553 points to 13,409.21 after 30.7 million shares worth $123 million were traded.The S&P/NZX 20 index was up 0.07%, closing at 7676.73 points, while the S&P/NZX 10 index ended the day at 12,764.34 after rising 0.19%.There were 72 gainers on the main board and 59 decliners.'Treading water'Hamilton Hindin Greene investment adviser Jeremy Sullivan said the market was treading wat...

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