NZME down 2.7% as Trump keeps markets jittery

NZME director David Gibson resigned from the board on Tuesday. (Image: NZME)

Tue, 15 Apr 2025

Investors are sitting on their hands as they continue to wade through the constant news flow from the US White House. New Zealand's benchmark index, the S&P/NZX 50, fell 0.79% to 12,011.34 on Tuesday, with decliners outnumbering gainers 88 to 46.Jeremy Sullivan, investment adviser at Hamilton Hindin Greene, highlighted another day of low volumes as traders struggle to separate the signal from the noise.Dominated by concentrated trading of larger index constituents, market volumes reached 25.4 million shares, amounting to $108m in t...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZ sharemarket up over 1% after Greenland 'solution'

The S&P/NZX 50 Index closed at 13,556.87, up 139.70 points or 1.04%.

Graham Skellern 22 Jan 2026

Markets

Gas matters as hydro improves for Contact and Genesis

Contact reported a sharp drop in forward prices as hydro storage rose.

Ian Llewellyn 22 Jan 2026

Gas matters as hydro improves for Contact and Genesis

The Quiz Free

QuiznessDesk, Thursday, Jan 22

Can you get a perfect 10?

The Quizmaster 22 Jan 2026

Sponsored

Generative AI will disrupt 90% of jobs - what it means for the future of work

Here’s what that means for the future of work in New Zealand.

Cognizant

Sponsored

AI is only as good as its data foundation

NZ leaders explain why clean, connected data drives AI value.

Cognizant

More Markets

Markets Market Close

NZ sharemarket up over 1% after Greenland 'solution'

The S&P/NZX 50 Index closed at 13,556.87, up 139.70 points or 1.04%.

Graham Skellern 22 Jan 2026

Markets

Gas matters as hydro improves for Contact and Genesis

Contact reported a sharp drop in forward prices as hydro storage rose.

Ian Llewellyn 22 Jan 2026

Markets

Queenstown Airport cracks one million mark

Queenstown Airport international passenger numbers in December 2025 increased 14% on the previous year, and domestic passengers increased 7% on the same month last year.International passenger numbers exceeded one million over a 12-month period for the first time in December 2025...

Rebecca Howard 22 Jan 2026

Infrastructure

Vinci says Fletcher buy makes it 'major player'

The purchase of Fletcher's construction division almost doubles its NZ revenue.

Thomas Manch 22 Jan 2026

NZME down 2.7% as Trump keeps markets jittery

More Markets

Your company has a subscription

Team