Sanford shares rise 12.3% on NZX as Japanese company Umios buys $72m stake – Market close

BusinessDesk27 Oct, 2026 05:42 AM4 mins to readSanford was a highlight, rising 75c or 12.3% to $6.85, with 9.7 million shares worth $72.5 million changing hands. Ngāi Tahu is exiting after more than five years as a significant shareholder. The New Zealand share market fell on a busy day of trading, while Sanford has taken a global Japanese seafood company on board as a cornerstone shareholder. The S&P/NZX 50 Index was weaker in the afternoon on the eve of the latest Reserve Bank of New Zealand (RBNZ) interest rate