Graham SkellernBusinessDesk·30 Jul, 2026 06:23 AM5 mins to readThe NZX50 had its biggest single-day fall in nearly six weeks. Photo / Brett PhibbsThe NZX50 had its biggest single-day fall in nearly six weeks. Photo / Brett PhibbsThe New Zealand sharemarket had its biggest single-day fall in nearly six weeks despite an increase in business confidence, but was weighed down by a meltdown on Wall Street. The S&P/NZX 50 Index was on a gradual slide from the opening and closed at 13,762.78, declining 213.89 points or 1.53%.
NZ sharemarket plummets 1.53% – Market close
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