NZ sharemarket lifts as Skellerup update builds confidence

NZ sharemarket lifts with Skellerup reporting an earnings lift of 10% in the first quarter. (Image: NZME)

Thu, 23 Oct 2025

The New Zealand sharemarket closed up on Thursday, driven by the exchange’s largest companies and positive market updates from Skellerup and Vista Group.The S&P/NZX 50 Index closed up 0.53% or 70.662 points to 13,377.10 after 43.6 million shares worth $146.8m were traded.The S&P/NZX 20 index was up 0.43%, closing at 7673.63 points, while the S&P/NZX 10 index ended the day at 12,761.47 after rising 0.58%.There were 84 gainers and 61 decliners on the main board.‘Mixed bag’ Craigs Investment Partners investment d...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}