Sharemarket has worst fall since Covid
Very few stocks were spared as the New Zealand sharemarket had its biggest single-day fall since the start of the Covid pandemic following the global fall-out from the United States tariffs.
MORE»Ugly week ends on the sharemarket
The New Zealand sharemarket fared better than most in a week that saw a rout on Wall Street following the introduction of sweeping United States tariffs.
MORE»Sharemarket finishes higher after a roller coaster day
The New Zealand sharemarket and Fisher and Paykel Healthcare had impressive turnarounds following the initial shock of President Donald Trump’s wide-ranging reciprocal tariffs on imported goods into United States.
MORE»NZ sharemarket up over 1.4% for week, down 6.2% for the year
Software firm Gentrack surged more than 10% on speculation it has won a major offshore contract, but the New Zealand sharemarket finished the week on a flat note.
MORE»Ryman up 11% in two days
The New Zealand sharemarket had a rocky session before finishing with a small loss, and leading retirement village operator Ryman Healthcare continued to move off a 13-year low.
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