The NZX50 companies that have gained and lost the most so far in 2023

The NZX50 companies that have gained and lost the most so far in 2023
The NZX50 managed to rise by 3.56% between Jan 4 and June 30 despite headwinds. (Image: Getty)
Ella Somers
A cost of living crisis, recessionary fears, falling property prices and a tropical cyclone.Those are just a few things that have whacked New Zealand’s sharemarket and many of its top fifty companies in the first half of 2023.However, the NZX50 still managed to rise by 3.56% between Jan 4 and June 30, with 24 stocks gaining in value.A2 and SynlaitDairy firm A2 Milk was the stock that had the most gains in 2022, with its share price up 22.7%. But in the first six months of 2023, the infant formula exporter fell from $7.57 at the beginning...

More Markets

NZ sharemarket continues sliding, down 0.5%
Markets Market close

NZ sharemarket continues sliding, down 0.5%

The S&P/NZX 50 Index closed at 12,692.72, down 68.47 points or 0.54%.

Spark sells remaining Connexa stake for $314m
Markets

Spark sells remaining Connexa stake for $314m

The sale will result in a $70m gain on telco's books.

Ben Moore 11:45am
Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Neal Barclay to exit Meridian as CEO
Markets

Neal Barclay to exit Meridian as CEO

Current CFO Mike Roan will take Barclay's spot atop Meridian.