NZX rebound continues, Precinct Properties up 5.5%

Precinct developed PwC Tower at Auckland's Commercial Bay. (Image: Supplied)

Mon, 05 May 2025

New Zealand shares have continued their green streak as composure returns to markets following an unruly April. The S&P/NZX 50 index was up 0.76% to 12,421.250 points on Monday, extending its run to four consecutive days and firmly putting “Liberation Day” losses behind it. Just over 28.6 million shares changed hands, amounting to $89.4m in value traded. Peter Sigley, director of institutional sales at Forsyth Barr, said that market nerves are beginning to settle a month after President Donald Trump announced reci...

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