NZX down 0.3% as world waits for Iranian response

Flames from a fire at the Tehran oil refinery in June 15. (Image: Atta Kenare, AFP)

Mon, 23 Jun 2025

The New Zealand sharemarket fell on Monday after the United States launched strikes on Iranian nuclear facilities over the long weekend.The benchmark S&P/NZX 50 Index dropped 0.29% to 12,532.65 points with 38 million shares worth $135.7m changing hands.On his Truth Social media platform, US President Donald Trump said the Sunday air strikes did “monumental damage” to Iran’s Natanz, Fordo and Isfahan nuclear sites.Peter Sigley, director of institutional sales at Forsyth Barr, said US actions in Iran had created “plent...

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