NZ sharemarket ends lower and oil prices spike after Israel strike on Iran

Brent crude oil prices jumped by 5% to US$72.22 a barrel. (Image: Getty)

Fri, 13 Jun 2025

New Zealand’s sharemarket ended lower after Israel’s strike on Iran prompted a sell-off on major markets and a spike in oil prices.The S&P/NZX50 Index ended 96.23 points or down 0.76% at 12,552.87, with 32.8 million shares, worth $148.7mThere were 46 gainers and 92 decliners on the main board.Australian, Hong Kong and Japanese share markets were all down after the attack, which followed months of tension over Tehran’s advancing nuclear programme.Late in the NZ trading day, futures market pricing pointed to a 1.7% fall on W...

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