Pre-result confidence drives NZ sharemarket up

My Food Bag's share price dropped sharply on Wednesday after its annual meeting.

Wed, 13 Aug 2025

The New Zealand sharemarket was up on Wednesday as many key stocks firmed in advance of their results, while updates from Napier Port and My Food Bag brought mixed returns.On the main board, the S&P/NZX 50 Index closed up 0.05% or 6.864 points, rising to 12,766.540, after 47.9 million shares worth $148.6m changed hands.The S&P/NZX 20 index closed at 7479.72 points, up 0.10%, while the S&P/NZX 10 index ended the day at 12,518.14, rising 0.15%.There were 62 gainers on the main board and 66 decliners.Losses recoveredSalt Funds Manageme...

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