NZ sharemarket serves up surprises, index stays flat

The big news of the day was the resignation of Air NZ's CEO Greg Foran, says ForBarr's Peter Sigley. (Image: NZME)

Thu, 06 Mar 2025

A big news day in New Zealand markets has left the benchmark index relatively flat but in the green for the first day this week.The S&P/NZX 50 Index closed at 12,428.84, up 16.77 points or 0.14% on Thursday. Across the whole market, 67 shares gained and 62 declined, with 37.18 million shares worth $152.3m changing hands. The index ended the day 4.89% below where it was at the beginning of the year. Peter Sigley, director of institutional sales at Forsyth Barr, said it’s a difficult market, but dramatic swings at big c...

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