Trade war, Precinct Properties’ cap raise, Fletcher's woes weigh on S&P/NZX-50

The latest round in the US-China trade war. (Image: Getty)

Mon, 13 Oct 2025

The S&P/NZX-50 shed 1% in early Monday morning trading as markets remain jittery about the US-China trade war, while the New Zealand dollar hovers at a six-month low against the US dollar. ASX futures pointed to a 0.9% decline on the open. The kiwi was trading at 57.27 US cents at 11:15 in Wellington from 57.56 US cents late last week. 'Normal actions'In the latest round, US President Donald Trump announced an additional 100% tariff on China as well as export controls on “any and all critical software&rdq...

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