Tourism Holdings stalls as NZ sharemarket ends week on high

Tourism Holdings has indicated its underlying net profit will fall on the lower end of analysts range, causing investors to sell up. (Image: Supplied)

Tom Raynel

Fri, 04 Jul 2025

The NZ sharemarket bounced back on Friday while Tourism Holdings dipped after forecasting a lower-than-expected underlying profit.The S&P/NZX 50 Index closed up 0.49% or 62.12 points, rising to 12,766.60, with 25.6 million shares changing hands worth $92.7m.The S&P/NZX 20 index closed at 7,488.96, up 0.56%, while the S&P/NZX 10 index ended the day at 12,481.39, a rise of 0.46%.There were 88 gainers on the main board and 47 decliners.Interesting weekCraigs Investment Partners investment director Mark Lister said it had been an intere...

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