NZX 50 stumbles as Ebos Group continues tough fortnight

Ebos Group shares fell 2.22% to $29.97 on Tuesday. (Image: Supplied)

Tue, 09 Sep 2025

The New Zealand benchmark index has erased half of its gains from Monday as Ebos Group fell below $30 for the first time since 2021. The benchmark S&P/NZX 50 lost 0.21% to 13,253.73 points on Tuesday, with 38.3 million shares worth $128.5m changing hands. After nearly reaching $43 last month, Ebos Group continued the losses that began when it reported earnings in late August, falling 2.22% to $29.97. Senior research analyst at Craigs Investment Partners, Mohandeep Singh, said he was surprised by the stock's tumble o...

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