NZ shares sail through choppy waters as Nvidia spooks global investors

NZ shares sail through choppy waters as Nvidia spooks global investors
Across the main board, 41 rose, 93 stocks fell, and 45 were unchanged. (Image: Getty)
Paul McBeth
New Zealand shares rose, outperforming Asian stock markets, as a slump in US chipmaker Nvidia weighed worldwide tech stocks, which aren’t a big feature on the local bourse. The S&P/NZX 50 Index advanced 18.84 points, or 0.2%, to 12,553.35. Across the main board, 41 rose, 93 stocks fell, and 45 were unchanged. Turnover was $126.6 million, of which Infratil accounted for $15.1m, Fisher & Paykel Healthcare $14.7m and Auckland International Airport $13.9m as investors sought out local blue-chip companies. Wall Street set a m...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Tom Raynel 09 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025
Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025