NZ sharemarket falls almost 1% – Market close

Graham SkellernBusinessDesk·27 Aug, 2026 06:28 AM5 mins to readSummerset increased 71c to $8.58 after reporting a 91.7% rise in net profit to $171.44m for the six months ending June. Image / SummersetSummerset increased 71c to $8.58 after reporting a 91.7% rise in net profit to $171.44m for the six months ending June. Image / SummersetThe New Zealand sharemarket fell nearly 1% from its recent high – despite a strong annual result from retirement village operator Summerset in a sector that has been hard hit. The S&P/NZX 50 Index declined steadily during the day and closed at 13,880.05, down 133.16 points or 0.95%. The index