NZ sharemarket up as Freightways roars back to life – Market close

Graham SkellernBusinessDesk·29 Oct, 2026 05:23 AM5 mins to readFreightways increased 41c or 3.33% to $12.73 after reporting a 17.6% increase in revenue to $408.3m in the first quarter of the 2027 financial year. Photo / SuppliedFreightways increased 41c or 3.33% to $12.73 after reporting a 17.6% increase in revenue to $408.3m in the first quarter of the 2027 financial year. Photo / SuppliedFreightways roared back into life on a strong trading update as the New Zealand sharemarket made a small gain following the reprieve of a further interest rate hike. The S&P/NZX 50 Index had a rocky session, trading between an intraday low of 13,683.61 and a high