NZ sharemarket holds up despite Warehouse result

NZ sharemarket holds up despite Warehouse result
(Image: Getty)
Graham Skellern
The Warehouse Group plunged nearly 12% on a weak first-half result but the New Zealand sharemarket held up well in the face of further falls offshore.The S&P/NZX 50 Index bounced back from a lunchtime low of 11,481.08 and closed with a small gain of 8.01 points or 0.07% to 11,594.94.There were 47 gainers and 79 decliners on the main board with 34.42 million shares worth $105.71 million changing hands.The US Federal Reserve increased its rate 25 basis points, as expected, to a range of 4.75 to 5% and indicated there was just one more rate hi...

More Markets

Gamification – it’s coming for you
Opinion

Simon Robertson: Gamification – it’s coming for you

How smart companies game your life to make money.

Simon Robertson 01 Nov 2025
NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025