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NZ stocks end weaker, but Fonterra rallies sharply after deal
The Markets

NZ stocks end weaker, but Fonterra rallies sharply after deal

Fonterra’s shares rallied after the co-op announced that it planned to sell its consumer business to French dairy giant Lactalis, while the broader sharemarket ended weaker, driven by a decline in market leader Fisher and Paykel Healthcare.

BusinessDesk
Fri, Aug 22nd 2025 07:15PM

NZ sharemarket continues momentum as Skellerup sees green

NZ sharemarket continues momentum as Skellerup sees green

3 min read
NZ sharemarket rallies past 13,000 points after Reserve Bank rate cut

NZ sharemarket rallies past 13,000 points after Reserve Bank rate cut

4 min read
Mercury Energy impresses as NZX 50 dips 0.3%

Mercury Energy impresses as NZX 50 dips 0.3%

3 min read
Comvita buzzing after takeover bid; NZX 50 up 0.6%

Comvita buzzing after takeover bid; NZX 50 up 0.6%

3 min read
Freightways outpaces flat NZ economy with 12.9% profit lift

Freightways outpaces flat NZ economy with 12.9% profit lift

3 min read
NZ shares climb, Vulcan Steel leads as reporting season approaches

NZ shares climb, Vulcan Steel leads as reporting season approaches

3 min read
Pre-result confidence drives NZ sharemarket up

Pre-result confidence drives NZ sharemarket up

3 min read
PGG Wrightson a stand-out on NZX 50 slides 1.2% to kick-off earnings season

PGG Wrightson a stand-out on NZX 50 slides 1.2% to kick-off earnings season

3 min read
NZX 50 lifts 0.5%; Metroglass cracks as Eroad climbs

NZX 50 lifts 0.5%; Metroglass cracks as Eroad climbs

3 min read
Late selling drives NZ sharemarket down

Late selling drives NZ sharemarket down

3 min read
NZX steady as Eroad rallies on road-user charge changes

NZX steady as Eroad rallies on road-user charge changes

3 min read
NZ sharemarket steady amid US slump with eyes on Trump’s tariffs

NZ sharemarket steady amid US slump with eyes on Trump’s tariffs

3 min read
Strong lead from US lifts NZX 50; Fisher & Paykel Healthcare up 3.24%

Strong lead from US lifts NZX 50; Fisher & Paykel Healthcare up 3.24%

4 min read
Gentrack takes another hit as NZX 50 trades down 0.3% to start week

Gentrack takes another hit as NZX 50 trades down 0.3% to start week

4 min read
Increased US tariffs drive NZ stocks lower

Increased US tariffs drive NZ stocks lower

3 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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