NZ sharemarket steady amid US slump with eyes on Trump’s tariffs

Chorus lifted 29c to $9.09 on turnover of $5.4 million, while Gentrack rallied by 3.78% or 37c to $10.15. (Image: Supplied)

Tom Raynel

Wed, 06 Aug 2025

The New Zealand sharemarket was flat on Wednesday after a poor United States close, although eyes are turning to Trump’s tariffs set to take effect overnight NZ time.On the main board, the S&P/NZX 50 Index closed up 0.02% or 3.124 points, rising to 12,880.16, after 31.2 million shares changed hands worth $135.9m.The S&P/NZX 20 index closed at 7,557.08 points, up just 0.06%, while the S&P/NZX 10 index ended the day at 12,631, falling 0.03%.There were 53 gainers on the main board and 74 decliners.Craigs Investment Partners inves...

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