Volatile stocks drive NZ sharemarket down nearly 0.5%
The New Zealand sharemarket fell nearly 0.5%, dragged down by volatile Fisher and Paykel Healthcare, as unemployment reached its highest level in four years.
MORE»Trade war truce breathes life into NZ sharemarket
Fisher and Paykel Healthcare and the New Zealand sharemarket staged a strong recovery on relief that the US tariffs on Mexico and Canada have been put on hold.
MORE»NZ sharemarket Trumped by tariffs, down 1.4%
Fisher and Paykel Healthcare fell more than 6.5%, and the New Zealand sharemarket slumped as the new Trump tariffs began to hit home.
MORE»NZ sharemarket ends week up 0.5%
The New Zealand sharemarket ended the week with a 0.5% rise, but the threat of Trump tariffs again reared its head, affecting Fisher & Paykel Healthcare.
MORE»NZ sharemarket down 0.5%, AIA down 2.5%
The New Zealand sharemarket posted its fourth decline in five trading days, with Auckland International Airport falling nearly 2.5%, while the Australian benchmark index reached an all-time high.
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