NZ sharemarket rises as Auckland airport shares lift off

NZ sharemarket rises as Auckland airport shares lift off
Auckland International Airport shares took off following a favourable review, Air NZ dipped. (Image: AIA)
Graham Skellern
The New Zealand sharemarket staged a strong rebound after Auckland International Airport took off following a favourable review from the Commerce Commission.The S&P/NZX 50 Index remained solid after an early-morning rise and closed at 11,475.77 points, up 93.19 points or 0.82%.There were 82 gainers and 45 decliners on the main board, with 27.52 million shares worth $96.24 million changing hands.The local market was heartened by cooling inflation in the United States, with the major indices there reaching new intraday 52-week highs. The...

More Markets

Comvita buzzing after takeover bid; NZX 50 up 0.6%
Markets Market Close

Comvita buzzing after takeover bid; NZX 50 up 0.6%

The a2 Milk Company dominated volumes.

Gregor Thompson 18 Aug 2025
Baby Bunting's NZ teething over, posts earnings growth
Retail

Baby Bunting's NZ teething over, posts earnings growth

Baby Bunting plans to open its fifth New Zealand store by year-end.

Gregor Thompson 18 Aug 2025
Contact reports strong profit in tough conditions
Markets

Contact reports strong profit in tough conditions

Geothermal and gas positions offset fall in hydro generation.

Ian Llewellyn 18 Aug 2025
Freightways outpaces flat NZ economy with 12.9% profit lift
Markets

Freightways outpaces flat NZ economy with 12.9% profit lift

More than a third of profits now come from across the Tasman. 

Oliver Lewis 18 Aug 2025