NZ sharemarket ends week up 0.6%, up 1.6% for the year to date – Market close

Graham SkellernBusinessDesk·30 Oct, 2026 05:23 AM5 mins to readPrecinct Properties, which developed Commercial Bay in lower Queen St, increased 7c or 7.45% to $1.01 after delaying the redevelopment of the adjacent Downtown Carpark because of current market conditions with higher inflation and interest rates. Photo / SuppliedPrecinct Properties had a sharp rise after shelving its latest billion-dollar Auckland development as the New Zealand sharemarket ended the shortened week on a positive note.The S&P/NZX 50 Index traded steadily and closed at 13,797, up 86.83 points or 0.63%. The index was up nearly 0.5% for the week