Local market records largest single-day fall since March 2020
NZX Top 50 closed down 3.7%, with companies including Seeka, Mainfreight, Fletcher Building, and KMD Brands all hit.
NZX headquarters on Queen St, Auckland.
Nicholas Pointon and Lachlan Colquhoun
Mon, 07 Apr 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The local stock exchange has recorded its largest single-day fall since March 2020, as it continues to be hammered following last week’s tariff announcement from US President Donald Trump.
The Top 50 Index closed down 449 points, or 3.7%, to 11,776 with $158.4 million worth of shares changing
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Nicholas Pointon and Lachlan Colquhoun
Mon, 07 Apr 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.