NZ sharemarket rises as US Fed slashes rates
The trans-Tasman sharemarkets fared better than their American counterparts following the Federal Reserve's cut in “the jumbo interest rate”.
MORE»NZ sharemarket down 1.9% for the week
Synlait Milk can look forward to a brighter future, Spark hit a nine-year low and the New Zealand sharemarket posted its third successive fall.
MORE»NZX50 drops after AIA capital raise completed
The New Zealand sharemarket bided its time with a small fall as it waited for key economic events that will dictate the course of interest rate cuts.
MORE»NZ sharemarket falls as investors look for cash for airport capital raise
Investors scrambled to raise money and participate in Auckland International Airport’s massive $1.4 billion capital raise which weighed on the New Zealand sharemarket.
MORE»NZX blue chip stocks off the boil after a poor reporting season
The New Zealand sharemarket took an end-of-the-week breather after a strong start to the month, with leading blue-chip stocks coming off the boil.
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