NZ sharemarket up 0.4% amid US market surge
Telco Spark rose sharply on a broker’s upgrade as the improving New Zealand sharemarket, up nearly 0.5%, posted its fourth successive gain
MORE»Buoyant dairy sector adds cream to flat market
The New Zealand sharemarket traded flat during a quieter day, but Fonterra Shareholders Fund broke through the $6 mark for the first time in seven years on the back of a buoyant dairy sector.
MORE»NZ sharemarket ends week down 1.2%
Blue-chip stocks were back in favour as the New Zealand sharemarket, looking a little undervalued, closed the week with a broad-based rally of nearly 0.5%.
MORE»Six falls in seven days not a good look
The New Zealand sharemarket has now fallen in six of the last seven trading days but it may be heartened by upcoming news that the country has come out of a recession.
MORE»NZ sharemarket hit lowest point in nine months
The New Zealand sharemarket reached its lowest level in nine months, with another 0.7% fall, following a month-long rout on Wall Street.
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