NZ stocks eke out gain as investors tread water

NZ stocks eke out gain as investors tread water
Tourism Holdings’ share price finished weaker. (Image: Supplied)
Jamie Gray
The New Zealand sharemarket managed to eke out a slight gain as investors continued to tread water before the end of the year.The S&P/NZX 50 Index ended 11.04 points (0.08%) higher at 13,406.91, with 23.8 million shares, worth $92.1m, trading.There were 84 gains and 48 falls on the main board.New highs in the USWall Street’s Dow Jones Industrial Average and its S&P 500 reached new highs after the Federal Reserve cut its interest rate. Still, results from tech giants Oracle and later semiconductor firm Broadcom dampened the mood.&l...

More Markets

Ousted Rakon director could pocket takeover windfall
Markets

Ousted Rakon director could pocket takeover windfall

Jon Raby couldn't get elected to the Rakon board but snapped up some shares anyway.

Why Rakon’s $390m takeover failed
Markets Best of BusinessDesk

Why Rakon’s $390m takeover failed

The Skyworks deal collapsed in 2024. Now, another deal is on the table.

Brokers reveal top NZX picks for 2026
Markets

Brokers reveal top NZX picks for 2026

Billions shifting from term deposits could boost NZX heavyweights and recovery plays.

Business confidence boost uninspired NZ sharemarket
Markets Market Close

Business confidence boost uninspired NZ sharemarket

The S&P/NZX 50 Index closed at 13,656.05, down 27.24 points or 0.2%.

Graham Skellern 13 Jan 2026