NZ sharemarket hit lowest point in nine months

(Image: Getty)

Tue, 18 Mar 2025

The New Zealand sharemarket reached its lowest level in nine months, with another 0.7% fall, following a month-long rout on Wall Street.The S&P/NZX 50 Index again weakened in the afternoon and closed at 12,076.85, down 89.29 points or 0.73% – surpassing the mark of 12,058.29 set on July 11 last year. The index has been falling since it reached 13,068.93 points on Feb 17. There was heavy trading in market leader Fisher & Paykel Healthcare, which declined 65c or 1.98% to $32.15. 2.45 million of its shares worth $79.07m changed...

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