Quiet start to NZ sharemarket's week, optimism for strong US earnings season

Quiet start to NZ sharemarket's week, optimism for strong US earnings season
(Image: Getty)
Graham Skellern
The New Zealand sharemarket had a quiet start to the week, though clothing retailer Hallenstein Glasson, a household name, continued to make strong gains.The S&P/NZX 50 Index had a sharp morning fall but recovered in the afternoon to close at 12,002.97, down 16.86 points or 0.14%. The index traded between 11,933.44 and 12,019.84.There were 73 gainers and 61 decliners on the main board, with 39.69 million shares worth $110.96 million changing hands.Jeremy Sullivan, an investment advisor with Hamilton Hindin Greene, said the latest United Sta...

More Markets

Ebos buys Vital Petfoods assets from receiver
Markets

Ebos buys Vital Petfoods assets from receiver

Distressed assets have been snapped up by the pet food maker.

Denise McNabb 18 Apr 2025
Tourism Holdings and inflation updates drive NZX up
Markets Market close

Tourism Holdings and inflation updates drive NZX up

Tourism Holdings could be one of the most directly impacted shares of the US tariffs.

Tom Raynel 17 Apr 2025
Heartland Bank accountant fined over insider trading
Markets

Heartland Bank accountant fined over insider trading

A former Heartland Bank accountant has been sentenced to six months’ home detention and ordered to pay a fine after pleading guilty on three charges relating to insider trading.Kevin Young, a former treasury accountant with Heartland Bank, purchased Heartland Group Holdings Limit...

Staff reporters 17 Apr 2025
Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025