![Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/markets-stock-shares-getty-X.webp)
Markets
Market close
Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks
The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15.
![Big news drive big moves on sharemarket](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/getty-ebos-5.webp)
Markets
Market close
Big news drive big moves on sharemarket
The S&P/NZX 50 Index closed at 11,864.12 down 16.77 points or 0.14%
![Investors take an early long weekend as the NZX drifts](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/King-Charles-2-Getty-W.webp)
Markets
Market close
Investors take an early long weekend as the NZX drifts
The NZ50 was slightly ahead for the week and is up about 3.3% for the year so far.
![NZ sharemarket rises as US debt issues sorted](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/biden-m-getty-9.webp)
Markets
Market close
NZ sharemarket rises as US debt issues sorted
The S&P/NZX 50 Index closed at 11,916.13, up 103.12 points or 0.87%.
![NZ market tumbles as latest reporting season ends](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/markets-stock-shares-getty-B.webp)
![US debt deal boosts NZ sharemarket](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/biden-101122-getty-L.webp)
![Market heavyweight drags NZX 50 down](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/fisherpaykel-Hh.webp)
![Stock investors wait on monetary policy decisions](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Reserve-Bank-RBNZ-Getty-N.webp)
![Sharemarket droops after budget revealed](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/Grant-Robertson-Getty-9.webp)
![Retirement village stocks show signs of life](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/2023-budget-money-nz-getty.webp)
![Cautious start to NZ sharemarket week](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/synlait-c.webp)
![NZ sharemarket closes week with near 0.5% gain](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/hack_nzx-Q.webp)
![NZ sharemarket see-saws with near 1% fall](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/nzx-getty-t4.webp)
![Pushpay bids farewell to the NZ stock exchange](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/NZ-dollar-nzd-nzx-getty-7.webp)
![Stormy weather dampens uncertain NZ sharemarket](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/stormy-weather-rain-getty.webp)
![Tower earnings downgrade causes sharemarket stir](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/NZX-NZME.webp)
![NZ sharemarket finishes week down more than 0.5%](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/NZX-Supplied-P.webp)