NZ sharemarket lifts as Synlait result piques interest

Synlait Milk’s full-year result reported a pathway to being debt-free thanks to the sale of its Pokeno plant. (Image: Supplied)

Tom Raynel

Mon, 29 Sep 2025

The New Zealand sharemarket rose on Monday, with Synlait Milk’s sale of its Pōkeno factory winning approval from investors.The S&P/NZX 50 Index closed up 0.16% or 20.83 points, rising to 13,132.56 after 38.2 million shares worth $131.6m traded.The S&P/NZX 20 index closed at 7550.73 points, up 0.11%, while the S&P/NZX 10 index ended the day at 12,586.37, rising 0.15%.There were 85 gainers and 47 decliners on the main board.Positive dayGenerate investment specialist Greg Smith said it was a positive day on the market with invest...

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