NZX 50 lifts 0.5%; Metroglass cracks as Eroad climbs

Eroad shares are above $2 for the first time in three years. (Image: File)

Mon, 11 Aug 2025

The New Zealand sharemarket rose on Monday as investors prepared for a burst of earnings reports over the coming weeks. The benchmark S&P/NZX 50 index rose 0.52% to 12,911.86, with 29.8 million shares changing hands worth over $105.5m.Paul Robertshawe, Octagon's chief investment officer, said volumes were subdued as the market prepared for earnings season, which will kick off on Tuesday when PGG Wrightson reports full-year earnings. Robertshawe noted that Fonterra Shareholders’ Fund shares were trading at five-year highs...

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