NZ sharemarket flat despite export growth, Fletcher Building down again

Briscoe Group reported its fourth fall in a row since being inducted into the NZX50. (Image: Supplied)

Wed, 25 Jun 2025

The New Zealand sharemarket dipped slightly on Wednesday as trade stocks reported growth after new trade data from Stats NZ showed a growth in exports year on year, but the fallout of Fletcher Building’s investor day continued.The S&P/NZX 50 Index closed down 0.052% or 6.52 points, falling to 12,460.96, with 33 million shares changing hands to the value of $128.7m.The S&P/NZX 20 index closed at 7,306.59, down 0.12%, while the S&P/NZX 10 index ended the day at 1860.70, a fall of 0.19%.There were 84 gainers and 55 decliners on t...

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