NZ sharemarket rocked by US inflation data
The New Zealand sharemarket bore the brunt of hotter-than-expected inflation data in the US that saw bond yields rise and more angst over the timing of any interest rate cuts.
MORE»NZ sharemarket celebrates highest single-day rise in over five months
Strong performances from Fisher and Paykel Healthcare and Ebos pushed the New Zealand sharemarket to its highest single-day rise in over five months – up more than 1%.
MORE»NZ sharemarket down after yesterday's gain
An uncertain New Zealand sharemarket was again lower, giving up well-earned gains from the day before, but there was some bargain hunting in cyclical retail stocks.
MORE»NZ sharemarket bounces back 0.5% on Middle East hopes
The New Zealand sharemarket posted a solid 0.5% gain, joining other regional sharemarkets in bouncing back as tension between Iran and Israel appeared to ease.
MORE»NZ sharemarket down 1.13% for the week
An Israeli counter-attack on Iran sent sharemarkets into further turmoil, with New Zealand and its defensive stocks faring the best in terms of falls.
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