NZ sharemarket starts week up 0.6%

Volumes increased to 71.3 million share transactions worth $472.9m. (Image: Getty)

Mon, 24 Nov 2025

Software firm Gentrack climbed nearly 20% on a strong annual result as the New Zealand sharemarket made a solid gain ahead of a further expected interest rate cut by the Reserve Bank of NZ.The S&P/NZX 50 Index reached a morning low of 13,370.42 but recovered well to close at 13,449.85, up 80.45 points or 0.6%. There were 86 gainers and 54 decliners and the main board.Trading was extended for the quarterly review of the MSCI equity indices, and volumes increased to 71.3 million share transactions worth $472.9mThe late surge in trad...

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