NZ sharemarket Trumped by tariffs, down 1.4%

The S&P/NZX 500 Index was down sharply and stayed that way. (Image: Getty)

Mon, 03 Feb 2025

Fisher and Paykel Healthcare fell more than 6.5%, and the New Zealand sharemarket slumped as the new Trump tariffs began to hit home.The S&P/NZX 500 Index was down sharply at the opening and stayed that way to close at 12,810.32, down 184.69 points or 1.42%. It was the biggest single-day fall since Dec 19, when the index was down 1.5%. Increased volumes reached 32 million shares worth $182.23m, with market leader Fisher and Paykel Healthcare dominating trading; 2m of its shares worth $70.76m changed hands.'Threatening tariffs&...

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