NZ sharemarket up slightly, September's uncertainty continues

NZ sharemarket up slightly, September's uncertainty continues
New Zealand shares closed marginally up on a slow news Tuesday. (Image: NZME)
Gregor Thompson
After dipping before midday, New Zealand shares closed marginally up on relatively high trading volumes despite a slow news Tuesday.The S&P/NZX 50 Index increased 11.2 points, or 0.09%, to 12,632.82. Across the main board, 79 stocks rose, and 50 fell. Trade volumes were just over 41 million, accounting for $164 million in total value traded.Blair Knight, an investment adviser at Craigs Investment Partners, said September is historically one of the worst months, but this year, it's too early to call."We had a pretty bumpy ride to ki...

More Markets

Sanford fishes up highest net profit in 10 years
Primary Sector

Sanford fishes up highest net profit in 10 years

David Mair has been its boss for just over a year.

NZ sharemarket down as retail spending stalls in new data
Markets Market Close

NZ sharemarket down as retail spending stalls in new data

April figures from Stats NZ show spending in the retail industry that month was flat.

Tom Raynel 14 May 2025
How Sharesies is providing ‘patient’ capital for listeds
Finance

How Sharesies is providing ‘patient’ capital for listeds

The online platform is being tapped for bookbuilds and dividend reinvestment plans.

NZX rallies 0.87% as tariff uncertainty eases
Markets Market Close

NZX rallies 0.87% as tariff uncertainty eases

Skellerup bounced 4.11% as investors digested easing tariffs. 

Gregor Thompson 13 May 2025