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The Markets

SkyCity and Auck Airport drag market down

Thursday 20th of February 2025

The S&P/NZX 50 Index closed at 12.880.36, down 153.00 points or 1.17% on Thursday. Across the whole market, there were 41 gainers and 91 decliners, with 40.4m million shares worth $155m changing hands.

The index remained 1.43% down this year, while the benchmark across the Ditch, the S&P/ASX 200, rose 1.34% up for the year an hour before closing.

Seasons greetings

Matthew Goodson, managing director and portfolio manager at Salt Funds, said the country’s analysts had their work cut out on Thursday as they rushed from meetings to investor calls and back to meetings in a race to digest results.

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