More than $1b traded on NZ sharemarket as it rises again
A solid six-month financial result from Turners Automotive provided the New Zealand sharemarket with more confidence and strength, though Air NZ has downgraded its first-half earnings guidance.
MORE»NZ sharemarket rises on back of positive news
An upbeat a2 Milk, providing an earnings upgrade and a welcome dividend, spurred the New Zealand sharemarket to its highest close in nearly two years.
MORE»NZ sharemarket rises ahead of interest rate decision
The New Zealand sharemarket made a small gain as it waited for a pivotal interest rate decision by the Reserve Bank next week.
MORE»Directionless NZ sharemarket slips 0.6%
The New Zealand sharemarket lacked any real direction as it slumped 0.6%, led down by heavyweight Fisher and Paykel Healthcare.
MORE»NZ sharemarket up 0.4% for second day on interest rate cut hopes
A more confident New Zealand sharemarket reached its highest level in a month, posting its second successive gain of around 0.5%, on widely-held hopes of another big interest rate cut next week.
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