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...

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