NZ sharemarket falls over 1%

The S&P/NZX 50 Index fell at the opening. (Image: NZME)

Tue, 18 Nov 2025

A cautious New Zealand sharemarket lost more than 1% following a fall on Wall Street, amidst nervousness about the high-flying technology stocks and the economy.The S&P/NZX 50 Index fell at the opening and never recovered, shedding 156.22 points or 1.16% and closing at 13,342.82.There were 103 decliners and just 34 gainers on the main board with 42.4 million shares worth $172.7m changing hands.'Enough (economic) ammunition'Shane Solly, portfolio manager with Harbour Asset Management, said it was a risk-off day because of the warines...

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