PremiumUpdatedBusinessDesk5 Jun, 2026 06:14 AM4 mins to readSanford declined 21c or 3.83% to $7.21 after Ngāi Tahu Investments sold 8.97 million or 9.6% of its shares at $7.15 a share. Photo / SanfordThe New Zealand sharemarket, flat for most of the day, was again helped by a late rise, while offshore investors began questioning the startling run in semiconductor stocks.
The S&P/NZX 50 sprang into life during the brokers’ matching session and closed at 13,161.97, a gain of 60.36 points or 0.46%.
