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NZX:CVT News 16 November 2025

New Zealand Sharemarket Today: NZX 50 Slides 0.5% as Infratil Sell‑Off Caps Mainfreight Rally (13 November 2025)

New Zealand Sharemarket Today (17 November 2025): Black Pearl Returns, Comvita Deal Collapses, Warehouse Cost Reset in Focus

New Zealand’s stock market heads into Monday’s session under a cloud of caution after a sharp end‑of‑week sell‑off and a flurry of corporate announcements that could drive stock‑specific volatility through the day. On Friday, the S&P/NZX 50 Index fell 133.41 points, or 0.98%, to close at 13,464.46, with 106 decliners and just 34 gainers, as local investors followed Wall Street’s…
16 November 2025
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Stock Market Today

  • Australian Shares Slide 2% on AI Spending Concerns and Mining Sector Weakness
    February 6, 2026, 2:53 AM EST. The S&P/ASX 200 index fell 2% to 8,708, marking a one-month low amid a broad sell-off linked to anxieties over heavy artificial intelligence (AI) spending. The index dropped 1.8% for the week, its steepest weekly loss since November 2025. Local tech stocks plunged 3.4%, hitting more than two-year lows, pressured by large capital expenditure plans from U.S. tech firms. Key sector leaders Wisetech Global and Technology One each declined about 5%. The mining sector dropped 2.7% as gold miners fell 3.2%, with heavyweight miners BHP and Fortescue down 3.1% and 1.2%, respectively. A proposed merger between Rio Tinto and Glencore was called off after valuation disputes, ending plans for the world's largest mining company.
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