Stormy weather dampens uncertain NZ sharemarket

Stormy weather dampens uncertain NZ sharemarket
(Image: Getty)
Graham Skellern
The New Zealand sharemarket had another uncertain day – just like the effect of Auckland weather – and Tourism Holdings plunged nearly 10% on a cautious trading outlook.The S&P/NZX 50 Index fell early and stayed that way to close at 11,889.61, down 52.87 points or 0.44%.There were 84 decliners and 41 gainers over the whole market on volumes of 34.46 million share transactions worth $131.48m.Matt Goodson, managing director of Salt Funds Management, said it was a mixed day on the market. “To be honest, in Auckland, the...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025