The Markets
Shares down amid Bremworth coup; Warehouse continues to struggle
Monday 3rd of March 2025
The S&P/NZX 50 Index was weak throughout the day and closed at 12,550.05, down 51.37 points or 0.41%. The index has fallen 4.3% for the year to date.
Trading was solid, with 48.19 million shares worth $178.52m changing hands.
'Threat of looming new US tariffs'
Mark Lister, investment director with Craigs Investment Partners, said the local market was still feeling the effects of a lacklustre reporting season – with a plethora of soft results and non-committal outlook statements.
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