NZ sharemarket up 0.4% amid US market surge

NZX gets a Spark of life. (Image: Getty)

Tue, 25 Mar 2025

Telco Spark rose sharply on a broker’s upgrade as the improving New Zealand sharemarket, up nearly 0.5%, posted its fourth successive gain.The S&P/NZX 50 Index traded steadily in the afternoon and closed at 12,184.51, up 56.3 points or 0.46%. The index has now fallen 7% this year.Volumes were solid, with 38.86 million trades worth $149.2m.Trump tariffs Matt Goodson, managing director of Salt Funds Management, said the local market had a very strong lead from the United States, and it managed to grind up. “Sentiment is still...

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