Today: 1 July 2026
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NZX:VGL 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 worst day in a month.Good Returns+1 Heavyweights such as Mainfreight, Infratil, Fisher & Paykel Healthcare and Meridian all eased, while smaller cap Comvita slumped after uncertainty over its takeover deal.Good Returns

Stock Market Today

  • MSC Industrial (MSM) tops Q3 estimates on strong profit and sales
    July 1, 2026, 9:23 AM EDT. MSC Industrial (MSM) posted Q3 earnings of $1.43 a share, beating the Zacks Consensus by 12%. Revenue hit $1.05 billion, 1.7% ahead of estimates. That's up from $1.08 EPS and $971.15 million revenue last year. The distributor has a Zacks Rank #3 (Hold) with mixed estimate changes pointing to trend in-line with the market. Shares are up about 41% this year, well ahead of the S&P 500's 9.6% gain. The Industrial Services group sits in the lowest 22% of Zacks rankings. Attention will turn to management's comments and guidance for what's ahead.
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