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 ColquhounMon, 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
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).