NZX sits out tech rally, trades flat

Nvidia has announced plans to invest US$100 billion into Sam Altman's OpenAI. (Image: Getty)

Tue, 23 Sep 2025

New Zealand’s sharemarket has ignored a strong lead from Wall Street to trade flat. The NZX 50 dipped 0.04% to 13,136.54 points on Tuesday, with 39.4 million shares changing hands valued at just over $125.2m. There were 80 gainers and 64 decliners.United States' benchmarks, the S&P 500 and the tech-heavy Nasdaq Composite, are trading at record highs, with the latter closing up 0.70% in the Monday trading session.Nvidia jumped 4% overnight after announcing plans to invest up to US$100 billion (NZ$170.9b) in OpenAI to...

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