NZ market makes small gain despite Synlait taking hit

NZ market makes small gain despite Synlait taking hit
Graham Skellern
Property stocks staged a recovery, Synlait Milk took another hit, falling more than 5%, and out of it, the New Zealand sharemarket managed a small gain.The S&P/NZX 50 Index rebounded in the afternoon and closed at 11,612.86, up 32.04 points or 0.28% after reaching a morning low of 11,564.55.There were 65 gainers and 68 decliners on the main board and trading was light with 27.62 million shares worth $88.57 million changing hands.The market was spirited along by renewed buying in the property stocks, with the All Real Estate sector easily to...

More Markets

Vista's new shareholders revealed
Markets

Vista's new shareholders revealed

Flurry of NZX notices show who's been buying Vista shares – and selling too.

Tariffs tanked markets – NZ Super Fund cashed in
Markets

Tariffs tanked markets – NZ Super Fund cashed in

The Super Fund netted $745 million from active investments. How?

Swapping mortgages for music: David Tripe eases into retirement
Finance

Swapping mortgages for music: David Tripe eases into retirement

Respected academic and finance-sector pundit calls time on his long career.

Infratil helps lift NZ benchmark 0.44%
Markets Market Close

Infratil helps lift NZ benchmark 0.44%

The NZX 50 outperformed its Australian counterpart.

Gregor Thompson 08 Sep 2025