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NZX:TRA 21 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: NZX 50 Slips as Nvidia Tech Rout Ripples Across Asia – 21 November 2025

New Zealand’s stock market finished slightly lower on Friday as a sharp reversal in global tech stocks, led by Nvidia, washed through Asia‑Pacific markets and into the NZX. The benchmark S&P/NZX 50 Index closed at 13,419.40, down 20 points, with about 37 million shares trading hands for roughly $138 million.businessdesk.co.nz+1 Despite the modest headline move, the session was busy underneath the surface. Data‑centre and rate‑sensitive names came under pressure, while selected growth and healthcare stocks – notably AFT Pharmaceuticals, Turners Automotive and Gentrack – rallied strongly on earnings and deal news.goodreturns.co.nz+1
21 November 2025
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Stock Market Today

  • Greatland Resources lifts ore reserve 62%, lands $225M loan
    July 1, 2026, 1:54 AM EDT. Greatland Resources (ASX:GGP) said its Group Ore Reserve jumped 62% to 5 million ounces of gold, mostly on drilling at Telfer's West Dome Open Pit. The company picked up a US$225 million revolving credit facility, set for seven years, to fund working capital and Havieron work. With the loan, Greatland aims to keep funding options open at Telfer-Havieron. The reserve boost points to a long-life gold operation where capital discipline stays key. Analyst forecasts look for A$2.2 billion in revenue and A$526.2 million in earnings by 2029. They see a 26% share price upside, but warn on risks from turning resources into profitable ore on time and within the budget.
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