NZ sharemarket up as Trump eases tariff stance

Donald Trump softened his stance on tariffs boosting the NZX. (Photo: Getty)

Mon, 28 Apr 2025

The New Zealand sharemarket rose on Monday after US President Donald Trump eased his language around tariffs to the relief of investors. The S&P/NZX 50 Index closed up 0.67% or 81.05 points, rising to 12,098.89, with 51,169,807 shares changing hands to the value of $151.1 million.The S&P/NZX20 index closed at 7,173.61, up 0.59%, while the S&P/NZX10 index closed at 1,834.79, up 0.76%.There were 81 gainers and 49 decliners on the main board.'A massive blow'Pacific Edge had another rough day on the market after its key tes...

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