Rocket Lab Surges Over 30% to Record High Amid Renewed Space Exploration Optimism
The New Zealand sharemarket posted a small loss as inflation remained under control, prompting renewed calls for a big interest rate cut next month.
MORE»Fisher and Paykel Healthcare feels brunt of Trump's proposed tariffs
President Donald Trump’s renewed tariff threats on his inauguration day rattled Fisher and Paykel Healthcare while the New Zealand sharemarket lacked any real direction.
MORE»Takeover for Millennium and Copthorne; Otherwise quiet on NZX
A takeover offer for Millennium and Copthorne Hotels NZ brightened an otherwise quiet day on the New Zealand sharemarket that started the week with a 0.3% decline.
MORE»NZ sharemarket up over 1.8% for the week
The New Zealand sharemarket ended a strong week with a gain of more than 1.8%, erasing the year’s earlier losses, and powered by heavyweight Fisher and Paykel Healthcare as it neared a record high.
MORE»NZ sharemarket up nearly 0.5%, third rise this week
The New Zealand sharemarket posted its third successive rise of nearly 0.5% following a strong rally in the United States on softer-than-expected inflation data and improved earnings from leading banks.
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