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

NZ stocks end flat as US Fed decision looms
Markets Market Close

NZ stocks end flat as US Fed decision looms

Market finishes slightly down as telco company Spark loses more ground.

Jamie Gray 12 Sep 2025
Locate Technologies plans to quit ASX for NZX
Markets

Locate Technologies plans to quit ASX for NZX

Bitcoin-favouring Locate Technologies eyes move to NZX's main board.

Staff reporters 12 Sep 2025
Vital takeover bid passes threshold at 11th hour
Markets

Vital takeover bid passes threshold at 11th hour

Tait International has secured acceptances to meet the 90% minimum condition for its Vital takeover less than a day before the offer was set to expire.Vital filed a substantial product holder (SPH) notice to the NZX on Friday morning, which showed Tait's stake lifted to 92.1%...

Gregor Thompson 12 Sep 2025
Tower again hikes FY underlying profit outlook
Markets

Tower again hikes FY underlying profit outlook

Insurer sees FY underling profit up as large events weigh less than expected     

Staff reporters 12 Sep 2025