The Markets
NZX50 dips amid Middle East nerves; Ngāi Tahu halves Sanford stake
Thursday 4th of June 2026
New Zealand’s S&P/NZX 50 index fell for a third day as tensions in the Middle East continued to keep investors on edge, while Ngāi Tahu’s sale of half its Sanford stake prompted a little portfolio rejigging to buy some discounted fishing shares.
Building products firms and property developers were broadly weaker after Statistics New Zealand figures showed a softer pace of constructio...
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