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Hot Topic Accountants
Investment
4 mins to read

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

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
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Local market records largest single-day fall since March 2020
Investment,
108593
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