NZ sharemarket gains 0.5% after Contact’s strong result – Market close

Graham SkellernBusinessDesk·10 Aug, 2026 06:36 AM5 mins to readContact Energy decreased 11c to $8.97 after reporting revenue of $3.24 billion, down 5.7%, and net profit of $423.4 million, an increase of 27.8%. Photo / Contact EnergyLeading electricity generator and retailer Contact Energy produced a solid annual result as the New Zealand sharemarket gained nearly 0.5% with a late rise. The S&P/NZX 50 Index weakened during the afternoon from an intraday high of 13,920.36 but then climbed strongly in the brokers’ matching session when Infratil and