NZX steady as Eroad rallies on road-user charge changes

NZX steady as Eroad rallies on road-user charge changes
Changes to road-user charges are set to benefit companies like Eroad, which had its share price rally on Thursday. (Image: Getty)
Tom Raynel
The New Zealand sharemarket was steady again on Thursday as software company Eroad rallied after the Government’s announcement that all cars on NZ roads will soon make use of road user charges.On the main board, the S&P/NZX 50 Index closed up 0.05% or 6.94 points, rising to 12,887.10, after 45.7 million shares worth $120m changed hands.The S&P/NZX 20 index closed at 7,561.42 points, up just 0.06%, while the S&P/NZX 10 index ended the day at 12,642.76, rising 0.09%.There were 76 gainers on the main board and 60 decliners.Hamilt...

More Markets

Ryman extends rally; NZX 50 continues gains
Markets Market Close

Ryman extends rally; NZX 50 continues gains

Having traded flat until late September, the index is now up nearly 3% for the year.

Gregor Thompson 02 Oct 2025
Retail outlook 'tough and unpredictable': Warehouse Group
Retail

Retail outlook 'tough and unpredictable': Warehouse Group

The group's operating earnings dropped from $28.9 million to $1.3m.

Gregor Thompson 02 Oct 2025
Mohawk Industries looks to take Bremworth private
Primary Sector

Mohawk Industries looks to take Bremworth private

A strategic review was kicked off in February under its previous leadership.

Riley Kennedy 02 Oct 2025
Crispy $10m payday for ACC in RBD buyout
Retail

Crispy $10m payday for ACC in RBD buyout

The tasty takeaway comes after it built up Restaurant Brands' stake in recent months. 

Gregor Thompson 02 Oct 2025