Leading retailer Briscoe Group downgraded its annual earnings by 10% on “continued subdued trading” as the New Zealand sharemarket ended a quiet week with a small fall.

The New Zealand stock exchange remains in “limbo” as international markets brace for the incoming second term of US President Trump.

The New Zealand sharemarket drifted on quiet trading despite a rally offshore, especially among the technology stocks in the United States.

The New Zealand sharemarket finished the second trading day of the year on a flat note, but there was continued interest in energy stocks Contact and Mercury in anticipation of an index change.

The New Zealand sharemarket finished the second trading day of the year on a flat note, but there was continued interest in energy stocks Contact and Mercury in anticipation of an index change.

The New Zealand sharemarket had a weak start to the year with the benchmark S&P/NZX 50 falling in light trading.

The New Zealand sharemarket ended the year with a sudden fall of more than 1% but it still put in its best performance since 2020.

Contact Energy, listed 25 years ago, reached an all-time high with a rise of nearly 6% as the New Zealand sharemarket staged a late surge to keep the Santa rally rolling.

New Zealand shares, and those offshore, are enjoying the Santa rally, with the local market closing at its second-highest level this year.

The New Zealand sharemarket delivered a mini-Santa rally as it traded above 13,000 points for the second time this month.

The New Zealand sharemarket soon got over the shock of the worse-than-expected gross domestic product data with a rise of more than 1% – on a day dominated by index changes and late heavy trading.

The New Zealand sharemarket tumbled nearly 1% on the revelation that the country was in a deeper recession than expected – and the NZ dollar hit a 15-year low.

Clothing retailer Hallenstein Glasson received its own Christmas present, an all-time high for its share price, while the New Zealand market drifted lower on lighter trade.

A strong bounce from Mercury Energy helped push the New Zealand sharemarket to a near 1% gain – its third successive rise as it closes in on double-digit growth this year.

The New Zealand sharemarket had a late revival all thanks to Fisher and Paykel Healthcare, and is looking ahead to strong leads from crunch economic data and interest rate moves.

The New Zealand sharemarket ended the week positively while leading gentailers Contact and Mercury kept moving in different directions on rumours of MSCI global index changes.