New Zealand Shares (S&P/NZX 50) End Flat as NZ–India Trade Deal Boosts Export Outlook
On 22 December 2025, the New Zealand (S&P/NZX 50) shares index closed nearly flat, showing little movement at the market’s end despite strong macro news. The calm trading came as investors digested a major development: New Zealand and India concluded a Free Trade Agreement (FTA) with big plans to boost exports and deepen economic ties.
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