NZ sharemarket up 0.2%, 2% for the year

NZ sharemarket up 0.2%, 2% for the year
(Image: Getty)
Graham Skellern
The New Zealand sharemarket had a fluctuating day on Tuesday, and investors are closely watching the latest annual meeting season for encouraging trading updates.The S&P/NZX 50 Index traded in a range of 13,305.66 and 13,391.11, and closed at 13,377.85, up 32.89 points or 0.25%. The index has now gained more than 2% for the year.There were 88 gainers and 48 decliners on volumes of 39.1 million share transactions worth $128 million.‘An opportunity’Shane Solly, portfolio manager with Harbour Asset Management, said, “We...

More Markets

ForBarr sticks to underperform on The Warehouse Group
Retail

ForBarr sticks to underperform on The Warehouse Group

Analysts say they need to see tangible improvement.

NZ sharemarket falls over 1%
Markets Market Close

NZ sharemarket falls over 1%

The S&P/NZX 50 Index closed at 156.22 points, or down 1.16%.

Graham Skellern 18 Nov 2025
1,200 Air NZ flight attendants vote to take strike action
Markets

1,200 Air NZ flight attendants vote to take strike action

About 1,200 Air New Zealand cabin crew have voted to take strike action, the union says.The union said those who voted for strike action worked across international, domestic and regional routes and had been trying for months to get better pay and rosters.Michael Wood, director o...

Staff reporters 18 Nov 2025
Sanford profit surges 224% as debt falls and aquaculture lifts earnings
Markets

Sanford profit surges 224% as debt falls and aquaculture lifts earnings

Better cash flow and lower debt helped drive seafood company Sanford’s net profit up by 223.8% to $63.7 million in the September year.Revenue was steady at $584.1m, and Sanford’s earnings before interest and tax came to $102.1m, up 88%.Managing director David Mair said it was an...

Staff reporters 18 Nov 2025