NZ shares up; Gentrack surges

NZ shares up; Gentrack surges
Dan Brunskill
New Zealand's main share index broke a three-day decline after US markets had modest gains overnight and as software company Gentrack jumped 20%.The S&P/NZX 50 Index rose 154 points, or 1.2%, to 13,275.76. Turnover was $220.9 million, higher than usual as investors rebalanced their portfolios at the end of the month. Australasian markets outperformed other global indices in trading on Thursday, powered in part by soaring prices for gas and coal – both key Australian exports.Banking and mining stocks rallied on the ASX, draggi...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025