NZ sharemarket lifts as Fletcher Building shares rally on news of buyer inquiries

Fletcher Building shares rose 30c or 9.97% to $3.31. (Photo: Getty)

Wed, 11 Jun 2025

The NZ sharemarket lifted on Wednesday as Fletcher Building announced it had received inquiries from parties interested in buying its businesses.The S&P/NZX 50 Index closed up 0.33% or 41.51 points, rising to 12,605.93, with 39,702,689 shares changing hands to the value of $139.77 million.The S&P/NZX 20 index closed at 7,429.32, up 0.33%, while the S&P/NZX 10 index closed at 1,894.34, up 0.30%.There were 60 gainers on the main board and 60 decliners.Fletcher Building’s share price rallied after saying it had had inquiries from...

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