NZ sharemarket starts week down 0.8%

Trump induced nerves lead to slump. (Image: Getty)

Mon, 13 Oct 2025

The New Zealand sharemarket, down nearly 1%, predictably followed a sharp sell-off on Wall Street. But President Donald Trump may have calmed investors’ nerves by again backtracking on China tariff threats.The S&P/NZX 50 Index fell at the opening to a low of 13,315.99, but it steadied and closed at 13,351.92, down 115.34 points or 0.86%.There were 40 gainers and 109 decliners on volumes of 33.2 million share transactions worth $105.74m.'Fears'At the weekend (NZ time), Wall Street had its worst day since April after Trump threa...

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