The Markets
Volatile stocks drive NZ sharemarket down nearly 0.5%
Wednesday 5th of February 2025
The S&P/NZX 50 Index had a short bounce midday but otherwise continued its downward trend and closed at 12.844.59, declining 60.45 points or 0.47% after reaching an intraday high of 12,905.04.
Volumes were solid in the last trading session before Waitangi Day (when the market is closed), with 28.7 million share transactions worth $168.2m.
The trading was again dominated by Fisher and Paykel Healthcare, falling $1.32 or 3.67% to $34.60, with 1.18m of its shares worth $40.9m changing hands.
Trump tariffs
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