New Zealand shares ended flat on Thursday after US President Donald Trump made new tariff pronouncements.

The S&P/NZX 50 Index was little changed to close at 12,760.20.

Trump on Wednesday declared a new 50% tariff on US copper imports along with a 50% duty on goods imported from Brazil, both being effective Aug. 1, Reuters reported on Wednesday.

In domestic news, the Reserve Bank of New Zealand's decision to hold the official cash rate at 3.25% provides limited upside to the New Zealand dollar, said Bank of America.

Meanwhile, New Zealand's Light and Heavy Traffic Indexes fell in June, both declining 1.3% month-on-month, according to a report by ANZ.

Also, New Zealand's rental landscape showed sharp contrasts in June, with Wellington rents falling almost 11% year-on-year, while southern regions like the West Coast, Otago, and Southland experienced price increases, according to the latest data from realestate.co.nz.

In corporate news, the Australian Competition and Consumer Commission (ACCC) will not oppose the proposed acquisition of Fonterra Co-operative Group's (NZE:FCG) consumer, dairy ingredients, and food service businesses by French dairy group Lactalis BSA.

ikeGPS Group (ASX:IKE, NZE:IKE) unveiled a AU$20 million equity raise, including a fully underwritten AU$18 million placement and a AU$2 million share purchase plan.