NZ sharemarket rises, Vista Group shares fall after half-year results

NZ sharemarket rises, Vista Group shares fall after half-year results
Vista Group shareholders sold off in high volume after its half-year financial results. (Image: 123RF)
Tom Raynel
The New Zealand sharemarket was up on Thursday as most shares across the main board rose. However, Vista Group shareholders sold off in high volume after its half-year results.On the main board, the S&P/NZX 50 Index closed up 0.53% or 67.54 points, rising to 12,834.08, after 32 million shares worth $110.4m changed hands.The S&P/NZX 20 index closed at 7,515.34 points, up 0.48%, while the S&P/NZX 10 index ended the day at 12,567.92, rising 0.40%.There were 80 gainers on the main board and 50 decliners.OCR cuts confidenceCraigs Investm...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

Insurer IAG NZ unit's gross-written premiums flat
Markets

Insurer IAG NZ unit's gross-written premiums flat

Insurer IAG doubles FY profit but fails to inspire market watchers

Staff reporters 14 Aug 2025