NZ sharemarket rises in late trading as Infratil rallies on datacentre deal

Mining company Uvre rallied 16% on its first day on the market. (Image: Getty)

Thu, 16 Oct 2025

The New Zealand sharemarket rose late on Thursday, with Infratil rallying after securing a new contract, while the market’s newest entrant, mining company Uvre, had a strong first day.The S&P/NZX 50 Index closed up 0.61% or 81.70 points to 13,389.10 after 37.8 million shares worth $149.8m were traded.The S&P/NZX 20 index was up 0.58%, closing at 7,659.43 points, while the S&P/NZX 10 index ended the day at 12,776.36 after rising 0.87%.There were 87 gainers and 54 decliners on the main board.'Headwind'Salt Funds Manageme...

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