NZ sharemarket subdued as the bulls charge on Wall Street

NZ sharemarket subdued as the bulls charge on Wall Street
While Wall Street investors were in a bullish mood, their NZ counterparts were more subdued. (Image: Getty)
Graham Skellern
The New Zealand sharemarket continued a steady-as-she-goes course on quiet trading, while a buoyant Wall Street is having a jolly good time.The S&P/NZX 50 Index closed flat for the third successive day, gaining 12.43 points or 0.1% to 11,932.1. After a morning fall, the index bounced back at lunchtime and traded steadily during the afternoon.There was an even mix of 67 gainers and 64 decliners over the whole market, with 22.96 million shares worth $95.3m changing hands.Mark Lister, investment director with Craigs Investment Partners, said t...

More Markets

Mataura Valley Milk: Where Open Country Dairy got a bargain
Primary Sector

Mataura Valley Milk: Where Open Country Dairy got a bargain

Talley’s Group owned processor says it paid fair value.

Tower's new risk ratings to affect premiums
Finance

Tower's new risk ratings to affect premiums

Sea surge and landslide risk can now be calculated house by house.

Mercury impresses as NZX 50 dips 0.3%
Markets Market Close

Mercury impresses as NZX 50 dips 0.3%

Mercury Energy shares rose 1.64% to $6.50 after it released its full-year earnings.

Gregor Thompson 19 Aug 2025
Infratil defends Morrison fees at AGM
Markets

Infratil defends Morrison fees at AGM

Boyes has a plan to alleviate concerns about portfolio concentration.

Gregor Thompson 19 Aug 2025