NZ sharemarket falls over 1% despite Hallenstein’s solid result – Market close

Graham SkellernBusinessDesk·29 Sep, 2026 05:30 AM5 mins to read Hallenstein Glasson was up 75c or 5.66% to a new high of $14 after reporting a 19.6% increase in revenue and 49.9% rise in net profit. Photo / SuppliedA dazzling annual result from established clothing retailer Hallenstein Glasson wasn’t enough to stop the New Zealand sharemarket falling more than 1% on a continued weak tone offshore. The S&P/NZX 50 Index softened in the afternoon after the release of the Pre-election Economic and Fiscal Update (Prefu) and