NZ sharemarket up as Sanford rides the wave

Sanford rode its positive result to boost the NZ sharemarket. (Image: Sanford)

Thu, 15 May 2025

The New Zealand sharemarket was up on Thursday after shares in major companies, including Fonterra, Sanford, and Auckland Airport, performed strongly.The S&P/NZX 50 Index closed up 0.79% or 101.56 points, rising to 12,880.82. Thirty-one million shares changed hands, worth $108.8m.The S&P/NZX20 index closed at 7,627.15, up 0.76%, while the S&P/NZX10 index closed at 1,958.54, up 1.14%.There were 80 gainers on the main board and 49 decliners.Best in a decadeSanford's share price rose on Thursday following the news that it more...

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