NZ sharemarket shakes off Wall Street fall to end firm

Briscoe Group shares fell after reporting its a third quarter update.

Fri, 07 Nov 2025

The New Zealand sharemarket shook off a negative lead from overseas markets to end firmly but on light volume on Friday.The S&P/NZX 50 Index gained 22.39 points or 0.16% to end at 13,599.21 but off its peak for the day, with 25 million shares, worth $110.3 million, trading.On the day, there were 63 rises and 80 falls on the main board.Wall Street’s S&P 500 index ended 1.1% down on the back of weak jobs data.Negative lead from abroad“The market is shaking off a negative lead from Wall Street and from Australia, which is down...

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