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Articles tagged with 'Market Close'

NZ sharemarket rocked by US inflation data

26 April 2024 - 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.

NZ sharemarket celebrates highest single-day rise in over five months

24 April 2024 - 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%.

NZ sharemarket down after yesterday's gain

23 April 2024 - 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.

NZ sharemarket bounces back 0.5% on Middle East hopes

22 April 2024 - 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.

NZ sharemarket down 1.13% for the week

19 April 2024 - 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.

NZ sharemarket continues decline

18 April 2024 - The New Zealand sharemarket declined for the 13th time in 16 trading days, dragged down by heavyweights Fisher and Paykel Healthcare and Ebos Group.

NZ sharemarket gains over 0.5% as inflation falls

17 April 2024 - The New Zealand sharemarket staged a strong turnaround, gaining more than 0.5%, as inflation continues to fall – though in some areas, it remains sticky.

NZ sharemarket falls 1%

16 April 2024 - The New Zealand sharemarket, down 1%, had its biggest single-day decline in four months. But it wasn’t as bad as the widespread selling and falls offshore.

Middle East conflict casts a shadow across markets

15 April 2024 - The Iranian attack on Israel sent nervous sharemarkets tumbling around the world – and New Zealand was no exception though it recovered boldly in the afternoon.  

NZ market flat, Tower rises

12 April 2024 - The New Zealand sharemarket, heading for its 10th fall in 12 days, finished the week flat and was saved by another rise in the end-of-day matching session.

NZ sharemarket hit by global inflation fears

11 April 2024 - An unsettled New Zealand sharemarket had a late surge after being dragged down by rising wholesale interest rates and hotter-than-expected United States inflation.

NZ sharemarket hit by global inflation fears

11 April 2024 - An unsettled New Zealand sharemarket had a late surge after being dragged down by rising wholesale interest rates and hotter-than-expected United States inflation.

NZ sharemarket rises for the first time this month

10 April 2024 - The New Zealand sharemarket rose for the first time in more than a week on the back of renewed broker confidence in Fisher and Paykel Healthcare and a Reserve Bank signal that inflation is being tamed.

NZ sharemarket down 0.5% ... again

9 April 2024 - The New Zealand sharemarket, down 0.5%, posted its sixth fall in a row, while Heartland Group was well on its way to completing a significant $210 million capital raise.

NZ sharemarket drops for seventh time in eight days

8 April 2024 - The New Zealand sharemarket fell for the seventh time in eight trading days, but Heartland Bank livened things up with expansion plans in Australia.

NZ sharemarket down 0.77% for the week

5 April 2024 - The New Zealand sharemarket had its fourth successive fall on light trading, and in a rare move, the regulator issued a caution over investing in Being AI shares.  

NZ sharemarket has mixed trading day, Synlait tumbles further

4 April 2024 - Debt-ridden Synlait fell a further 9% and, this time, dragged its major customer, a2 Milk, down as the New Zealand sharemarket had another day of mixed trading.

NZ sharemarket down 0.5%

3 April 2024 - The New Zealand sharemarket tumbled 0.5% as investors became nervous about the timing of interest rate cuts.

NZ sharemarket down, Synlait reaches new all-time low

2 April 2024 - The New Zealand sharemarket had a down day following the Easter break, with Synlait Milk reaching a new all-time low after posting a nearly $100 million half-year net loss.

NZ sharemarket celebrates a near 1% Easter rise

28 March 2024 - The New Zealand sharemarket headed into the Easter break in a happy place with a rise of nearly 1%, despite a trading halt, voluntary administration and a Fisher and Paykel Healthcare product recall.

NZ sharemarket ends five day bull run

26 March 2024 - An uncertain New Zealand sharemarket ran out of puff and finished lower after five consecutive days of heady rises.

NZ sharemarket closes with decent rise

25 March 2024 - The New Zealand sharemarket, having a broad-based rally, charged to one of its highest closes in 13 months with another decent rise.

NZ sharemarket gets wake-up prod thanks to Fisher & Paykel

22 March 2024 - An earnings upgrade from heavyweight Fisher & Paykel Healthcare powered the New Zealand sharemarket to its highest close in nearly eight months, and a hot Wall Street continued to set new records.

NZ sharemarket gains over 0.5% amid recession news

21 March 2024 - New Zealand joined rising offshore markets with a gain of more than 0.5% as the United States looked forward to three interest rate cuts this year.

NZ sharemarket makes small gain

20 March 2024 - A cautious New Zealand sharemarket crawled to a slight rise as it awaited two key economic events – here and in the United States.

NZ sharemarket up more than 0.5%

19 March 2024 - The New Zealand sharemarket had a welcome rise of more than 0.5% as Australia kept interest rates unchanged and Japan raised theirs in a historic move.

Another day of falling prices on the stock exchange

18 March 2024 - The lacklustre New Zealand sharemarket fell for the sixth successive trading day – the second time in a month.

NZ sharemarket's wild ride continues as week ends on a fall

15 March 2024 - The New Zealand sharemarket had a wild ride of price swings caused by index changes and fell for the fifth successive day.

NZ sharemarket drifts aimlessly as investors hibernate

14 March 2024 - The New Zealand sharemarket, without any positive leads from offshore, continued to drift aimlessly, though a late rebound rescued it.

NZ sharemarket not inspired by Briscoe's strong result

13 March 2024 - Retailer Briscoe Group delivered the goods again and the latest United States data rekindled investor sentiment, but the New Zealand sharemarket remained uninspired.

NZ sharemarket slides 0.37%

12 March 2024 - The New Zealand sharemarket was in a lacklustre mood and posted a near half percent fall, with debt-laden Synlait Milk hitting a new all-time low.

US inflation fears put dampener on NZ sharemarket

11 March 2024 - The New Zealand sharemarket gave up some of the strong gains from last week as investor uncertainty crept back over United States inflation.

NZ sharemarket ends week up 1.5%

8 March 2024 - The New Zealand sharemarket ended the week with a 1% surge, fuelled by banking and building materials takeover activity in Australia and the bull market on Wall Street.

NZ sharemarket has third consecutive rise this week

7 March 2024 - The New Zealand sharemarket posted its third consecutive rise, albeit small, as a re-energised a2 Milk reached an 11-month high with another solid gain.

NZ sharemarket turnaround as Mercury Energy hits all-time high

6 March 2024 - The New Zealand sharemarket staged a major turnaround, with Mercury Energy hitting an all-time high and property stocks continuing to rebound.

Rebound in property stocks helps lift NZ sharemarket

5 March 2024 - The New Zealand sharemarket had a late bounce on a quiet day and was helped along by a rebound in the property stocks.

NZ sharemarket down after wobbly trading day

4 March 2024 - The New Zealand sharemarket continued to drift following a volatile earnings season while offshore bourses climbed to new highs.

NZ sharemarket has quieter day after yesterday's swings

1 March 2024 - The New Zealand sharemarket settled back into steady trading after large volumes and sharp price movements the day before, which included index changes and the sale of a nearly 15% shareholding in Precinct Properties.

NZ sharemarket 'lacklustre' as earning seasons closes out

29 February 2024 - As February’s varied earnings season wrapped up, Thursday’s trading on the New Zealand stock exchange produced more of the month's flavour: slow and steady decline.

RBNZ rate call gives NZ stocks a boost

28 February 2024 - The Reserve Bank of New Zealand’s decision to keep its official cash rate on hold while also signalling a slightly lower interest rate track gave NZ stocks a boost at the end of what has been a disappointing reporting season.

NZ stocks ease while speculation swirls around Fletcher Building

27 February 2024 - Speculation around Fletcher Building drove the stock higher while the broader market weakened ahead of Wednesday’s rate call from the Reserve Bank of New Zealand.

NZ sharemarket flat as earning season rolls on

26 February 2024 - The New Zealand sharemarket was marginally down to start the week as investors digested another set of corporate earnings.

Market ends on a slight upnote after week of poor results

23 February 2024 - New Zealand stocks ended with a slight gain in stark contrast to major international markets, which rallied sharply on the back of an explosive earnings report from US chip maker Nvidia.

NZ sharemarket rises, aided by speculation of Fletcher sale

22 February 2024 - The New Zealand sharemarket had its second positive day on the trot on Thursday as shares were buoyed by favourable corporate earnings and speculation about a Fletcher buyout à la française.

NZ sharemarket turns positive after days of decline

21 February 2024 - The New Zealand sharemarket calmed down and made a small gain, as blue-chip stock Ebos Group provided normal service with a solid first-half financial result.

Investors hard on soft earnings as NZ sharemarket continues to slide

20 February 2024 - A dogged New Zealand sharemarket, again falling more than half a percent, continued to show no mercy on soft earnings updates, with KMD Brands (formerly Kathmandu) hitting an all-time low.

Sharemarket drama as reporting season resumes

19 February 2024 - Global marketer a2 Milk surged, and leading retirement village operator Ryman Healthcare tumbled on contrasting earnings updates as the company reporting season heated up.

NZ sharemarket bounces back after Fletcher Building recovery

16 February 2024 - The New Zealand sharemarket bounced back with a gain of more than half a per cent, helped by a recovery in Fletcher Building and a sharp rise from utilities investor Infratil.

Continuing surprises drive NZ sharemarket down for sixth day

15 February 2024 - The New Zealand sharemarket doesn’t like surprises, and it got another one with the resignation of long-time Skellerup Holdings chief executive David Mair.

Fletcher, US CPI cast shadow over NZ sharemarket

14 February 2024 - Fletcher Building’s $120 million half-year loss and executive resignations sent the New Zealand sharemarket into a spin, posting a fall of more than a half percent.

NZ sharemarket bounces around as earnings season begins

13 February 2024 - The New Zealand sharemarket had a topsy-turvy day after Vulcan Steel kicked off the latest reporting season with an expected sharp fall in earnings.

NZ sharemarket: year's gains lost in single day

12 February 2024 - It was confession day on the New Zealand sharemarket with earnings revisions, a civil legal proceeding and further uncertainty surrounding Fletcher Building, all adding to a near 1% fall.

The NZ sharemarket ends week with fall of 0.6%

9 February 2024 - The New Zealand sharemarket was rattled by the suggestion from ANZ that the Reserve Bank of NZ could still hike the official cash rate twice this year.

NZ sharemarket drifts down ahead of reporting season

8 February 2024 - The New Zealand sharemarket went against offshore trends and fell more than a half percent, dragged down by a clump of blue-chip stocks.

NZ sharemarket lifts on economic data

7 February 2024 - New Zealand’s sharemarket rose with investors inspired by two sets of economic data showing a resilient labour market and fast-improving dairy prices.

Convention centre woes hammer Fletcher's share price

5 February 2024 - Fletcher Building slumped nearly 7% after a further $165 million blowout on the New Zealand International Convention Centre, but the sharemarket showed resilience by finishing flat. 

Healthcare heavyweight leads NZ sharemarket upwards

2 February 2024 - Heavyweight Fisher & Paykel Healthcare had a strong rise, leading the New Zealand sharemarket to its highest level in nearly six months.

NZ sharemarket rises as honeymaker shares turn sour

1 February 2024 - Manuka honey producer Comvita plunged to a 12-year low on the New Zealand sharemarket with an earnings downgrade, and SkyCity Entertainment was on the rise after achieving a regulatory settlement.

ASX hits new record as NZ sharemarket falls

31 January 2024 - Australian inflation fell more than expected, and its sharemarket hit an all-time high. But the New Zealand bourse ignored all that action and declined nearly half a%.

NZ investors shrug off Reserve Bank views and a retailer's woes

30 January 2024 - The New Zealand sharemarket, trading flat, shrugged off a Reserve Bank of NZ view that interest rates will have to stay higher for longer. However, the collapse of Godfreys will bring some uncertainty to the retail sector.

NZ sharemarket ends week with healthy rise of over 1%

26 January 2024 - The New Zealand sharemarket had another quiet day, ignoring further gains on Wall Street, but it completed the week with a healthy rise of more than 1%.

NZ sharemarket treads water as US equities march up

25 January 2024 - The New Zealand sharemarket had a lacklustre day, unperturbed by the action offshore that saw computer software giant Microsoft join the elite US$3 trillion (NZ$4.9t) club.

NZ sharemarket edges up as inflation data released

24 January 2024 - The New Zealand sharemarket staged a strong turnaround after the latest consumer price index said annual inflation fell below 5% for the first time in 27 months.

NZ sharemarket up 1% for the day

23 January 2024 - The New Zealand sharemarket rebounded 1%, fuelled by strong performances offshore, with Wall Street at the centre of the action in a bull run.

NZ sharemarket shows positive signs after last week's lows

22 January 2024 - The New Zealand sharemarket started the week on a positive note, with a2 Milk surging nearly 6% after finding renewed favour from investors.

NZ sharemarket down 1.6% for the week

19 January 2024 - The New Zealand sharemarket chalked up its fifth down day in a row – with retail jeweller Michael Hill providing a warning of a drop in earnings because of challenging trading conditions.

NZ sharemarket dips for the fourth day in a row

18 January 2024 - The New Zealand sharemarket’s main index gave up more than a half percent – its fourth down day in a row – accompanied by another earnings warning, this time from Colonial Motor Company.

a2 Milk rises as NZ sharemarket remains flat

17 January 2024 - Global marketer a2 Milk increased nearly 4% due to a slowing birth rate in its crucial Chinese market as the New Zealand sharemarket finished flat for the second day running.

NZ sharemarket inches into positive territory on flat trading

16 January 2024 - The New Zealand sharemarket, lacking some direction, staged a late recovery and finished flat on another quiet trading day.

NZ sharemarket drifts down in holiday mode

15 January 2024 - The New Zealand sharemarket was still in holiday mode on Monday, starting the new week on lighter than normal trading and a fall of more than half a percent, as many offices began reopening.

Defensive yield stocks provide best return: Forsyth Barr

15 January 2024 - Defensive yield stocks have provided the best return for investors in the New Zealand stock market over the past year, according to research from Forsyth Barr.

NZ sharemarket ends week in positive territory but volumes still light

12 January 2024 - New Zealand shares lifted 0.9% over the course of the week after a quiet Friday that mirrored offshore moves.

Late turnaround for New Zealand sharemarket

11 January 2024 - Retirement village operator Summerset Group, gaining nearly 3%, led the way as the New Zealand sharemarket made a late turnaround.

NZ sharemarket fall reflects worried investors

10 January 2024 - The New Zealand sharemarket gave back more than half of the previous day’s gains as investors once again worried about the future path of interest rates and the slowing economy.

NZ shares gain as strong Summerset sales buoy retirement stocks

9 January 2024 - New Zealand shares joined a global rally, with record fourth-quarter sales at Summerset Group buoying fellow retirement village stocks.

NZ shares fall as rate cut question weighs

8 January 2024 - New Zealand shares fell for a second day in quiet trading as the few investors returning this week pondered how quickly central banks will cut interest rates.

NZ market peters out in slow start to year

5 January 2024 - The New Zealand sharemarket ended its first abbreviated week of trading on a down note as the summer holidays kept trading thin.

Late rally leaves market on positive note

5 January 2024 - The New Zealand sharemarket staged an admirable comeback to end the day in positive territory after being down almost 1 per cent at one stage.

NZ sharemarket catches Wall Street’s New Year hangover

3 January 2024 - The New Zealand sharemarket started the year on the back foot, taking its lead from offshore where Wall Street stocks suffered a technology-led hangover after a buoyant end to 2023.

5th worst year for NZX50 in 15 years

29 December 2023 - The New Zealand sharemarket finished “a roller coaster” year with a 2.6% gain after seeing in the New Year on a flat note.

NZ sharemarket looking to end the year up, despite soft retail data

29 December 2023 - The New Zealand sharemarket is almost certain to finish the year in positive territory after gaining more than half a percent as investors searched out beaten-up stocks.

Market closes on sour note from Synlait Milk

22 December 2023 - The New Zealand sharemarket closed for Christmas on a flat note with Synlait Milk and Move Logistics providing gloomy trading updates.

End-of-year rally for shares continues

21 December 2023 - The New Zealand sharemarket continued its Santa rally and is on track for its eighth successive week of gains.

NZ sharemarket dips in wake of govt announcements

20 December 2023 - The New Zealand sharemarket had a late fall, unable to be inspired by the half-year economic update and mini-budget that lacked Christmas cheer.

NZ sharemarket firms ahead of mini-budget and economic update

19 December 2023 - The New Zealand sharemarket had a late spurt of nearly half a percent, and investors are holding their breath over whether the index will hold onto its hard-earned gain for the year.

NZ sharemarket listless on light trade

18 December 2023 - The New Zealand sharemarket made a small gain but lacked real direction, while leading energy stock Mercury reached a four-month high.

NZ sharemarket flat but more than $300m changes hands

15 December 2023 - The New Zealand sharemarket took a pause from its six-week rally, weighed down by some profit-taking. However, the market was still heartened by the continuing fall in wholesale interest rates.

NZ sharemarket reaches 14 week high

14 December 2023 - The New Zealand sharemarket reached its highest level in 14 weeks on a buoyant day, with the Dow Jones Industrial Average hitting an all-time peak and wholesale interest rates falling significantly.

NZ sharemarket rises as Auckland airport shares lift off

13 December 2023 - The New Zealand sharemarket staged a strong rebound after Auckland International Airport took off following a favourable review from the Commerce Commission.

Shares dip as investors await US data

12 December 2023 - The New Zealand sharemarket shed more than half a percent as it waited for the latest United States inflation rate and the Federal Reserve’s stance on interest rates.

NZ sharemarket slips as Rakon shares rocket

11 December 2023 - The New Zealand sharemarket slipped nearly half a percent in a day of volatility and intrigue, with two takeover moves and a significant shareholding sell-down in the offing.

NZ sharemarket closes the week flat

8 December 2023 - The New Zealand sharemarket closed the week flat as it grappled with a slowing economy and a further earnings downgrade, this time from SkyCity.

NZ sharemarket lifts into positive territory for the year

7 December 2023 - The New Zealand sharemarket burst into positive territory for the year with a late rise, while the country’s biggest company, Fonterra, provided an encouraging trading update.

NZ sharemarket close to wiping out its deficit for the year

6 December 2023 - The New Zealand sharemarket is close to wiping out its deficit for the year after rising nearly 1%, while Synlait Milk hit an all-time low.

NZ shares drift as Aussie central bank holds rates while talking tough

5 December 2023 - The New Zealand sharemarket continued to drift sideways while the Australian Reserve Bank kept its cash rate on hold while still talking tough.

NZ sharemarket flat as index newcomers shine

4 December 2023 - Top 50 additions Gentrack and Turners Automotive had strong rises while the New Zealand sharemarket lacked direction and finished flat.

NZ sharemarket ends first day of summer on a positive note

1 December 2023 - The New Zealand sharemarket finished the week on a positive note, though it didn’t get whipped up by the optimism and some new highs on Wall Street.

NZ sharemarket rallies with $670m turnover on index changes

30 November 2023 - The New Zealand sharemarket staged a broad-based rally, gaining nearly one percent, following the Reserve Bank of NZ’s surprise forecast of an increased official cash rate the day before.

Reserve Bank casts shadow over NZ sharemarket

29 November 2023 - The Reserve Bank of New Zealand put a big dampener on the NZ sharemarket with its higher-for-longer interest rates approach after Fisher and Paykel Healthcare lifted spirits with a pleasing half-year financial result.

NZ sharemarket bounces as energy stocks lift

28 November 2023 - The New Zealand sharemarket bounced more than half a percent, led by a stronger energy sector, and Gentrack surged on a solid annual result and earnings upgrade.

NZ sharemarket falls as investor await Reserve Bank news

27 November 2023 - Comvita fell more than 11% on an earnings downgrade, and the New Zealand sharemarket dropped a half percent ahead of the Reserve Bank of NZ’s latest monetary policy statement.

NZ shares perk up as coalition details announced

24 November 2023 - The New Zealand sharemarket closed the week with a small gain as the coalition government agreement, with its sack-full of legislative changes, quelled some uncertainty.

NZ shares perk up as coalition details announced

24 November 2023 - The New Zealand sharemarket closed the week with a small gain as the coalition government agreement, with its sack-full of legislative changes, quelled some uncertainty.

NZ sharemarket adrift and directionless

23 November 2023 - The New Zealand sharemarket continued to drift on light trading as the latest earnings results failed to inspire investors.

NZ sharemarket holds steady as Ebos dips

22 November 2023 - Ebos Group slumped more than 6% after pulling out of discussions on a billion-dollar acquisition, but the New Zealand sharemarket held steady.

NZ sharemarket slips as Wall St rally continues

21 November 2023 - The New Zealand sharemarket lacked direction and tumbled nearly half a percent on another quiet day's trading while Wall Street continued to rally.

NZ sharemarket has late bounce

20 November 2023 - The New Zealand sharemarket had a late rise on a topsy-turvy trading day as the waiting game continued on Ebos Group’s latest development.

NZ shares dip as investors wait on Ebos

17 November 2023 - The New Zealand sharemarket had a soft ending to the week, and investors were holding off waiting to see what Ebos Group has up its sleeve.

NZ sharemarket dips on profit taking

16 November 2023 - The New Zealand sharemarket succumbed to some profit-taking, falling 1% after a strong run, and all eyes are on the prospect of Ebos Group making another billion-dollar purchase.

NZ shares rise on further hopes inflation tamed

15 November 2023 - The New Zealand sharemarket surged more than one and a half percent following a strong day on Wall St, where there is a renewed belief that inflation is being beaten down.

NZ shares lift as investors contemplate inflation's peak

14 November 2023 - The New Zealand sharemarket bounced back more than half a percent, with Napier Port producing a pleasing full-year financial result.

NZ sharemarket dips on very light volumes

13 November 2023 - The New Zealand sharemarket slipped nearly half a percent as the latest reporting season was met with light trading.

Energy stocks lead the NZ sharemarket down

10 November 2023 - A softer New Zealand sharemarket closed the week with a half percent fall, dragged down by the big three energy stocks as long-term interest rates climbed back up.

NZ sharemarket returns to gaining ways

9 November 2023 - The New Zealand sharemarket got back on a winning run – driven by a surge of more than 9% from Mainfreight on its better-than-expected half-year financial result.

NZ sharemarket slips as Sky TV rejects takeover bid

8 November 2023 - The New Zealand sharemarket slipped today as Sky TV knocked back a takeover offer.

NZ sharemarket snaps winning streak

7 November 2023 - The New Zealand sharemarket’s five-day winning streak has ended abruptly, driven in part by weaker banking stocks.

NZ sharemarket extends gain as Westpac kicks off bank reporting

6 November 2023 - New Zealand’s sharemarket extended its rally for a fifth day as dual-listed Westpac kicked off the bank reporting season with an increased dividend and a share buyback.

NZ sharemarket marks four days of rises

3 November 2023 - The re-energised New Zealand sharemarket made another significant gain on a lively day featuring a $150 million takeover offer for MHM Automation, one of the country’s oldest engineering companies.

Surge leads to biggest single-day rise in NZ sharemarket

2 November 2023 - The blue-chip stocks picked up a head of steam as the New Zealand sharemarket recorded its biggest single-day rise in nearly a year with a surge of more than 1.7%.

NZ sharemarket rebounding strongly

1 November 2023 - The New Zealand sharemarket continued its rebound, with bellwether stocks Mainfreight and Freightways making ground and a softer labour market keeping a lid on inflation.

NZ sharemarket breaks seven days of declines

31 October 2023 - The New Zealand sharemarket had a welcome gain as stocks on Wall Street rebounded strongly, and business confidence picked up locally.

NZ sharemarket continues to slide

30 October 2023 - The New Zealand sharemarket had its seventh successive fall as it continued to be battered by increased interest rates and a weak NZ dollar.

NZ sharemarket hits 16-month low

27 October 2023 - The New Zealand sharemarket hit a 16-month low with a fall of nearly 1% following further mixed messages on company earnings from the latest annual meetings.

NZ sharemarket continues to slide

26 October 2023 - The New Zealand share market ended lower as annual meeting confessions continued to disappoint.

Interest rates, earnings guidance squeezes shares down

25 October 2023 - The New Zealand sharemarket continued to lose ground as stocks were still boxed in by high interest rates and modest earnings expectations.

Eroad leads market lower as rising bond yields weigh

24 October 2023 - Transport hardware and software company Eroad led the local share market lower as rising bond yields continue to weigh on the outlook for technology stocks.

NZX50 sinks to lowest point for 2023

20 October 2023 - New Zealand stocks buckled under the weight of rising bond yields, taking the market to its lowest point for the year to date.

International tension, high bond yields drives stocks lower

19 October 2023 - A worsening geopolitical situation and the continued march higher of bond yields drove New Zealand stocks lower across the board.

NZ market flattens as investors mull on data

18 October 2023 - New Zealand’s benchmark index flattened out on Wednesday after a quiet day on the market in terms of news, which gave investors more time to chew over yesterday’s consumer price inflation (CPI) data that came in much lower than expected.

NZ market lifts after surprise CPI data

17 October 2023 - New Zealand’s benchmark index edged up after consumer price index (CPI) data came in lower than most economists and the country’s central bank forecast.

Fletcher Building pulls NZ market lower

16 October 2023 - New Zealand’s benchmark index fell almost 1% on the first day of market trading following the National party claiming victory at the 2023 election on Saturday night.

NZ market dips as election looms

13 October 2023 - New Zealand share prices slipped again as investors took to the sidelines before the election, with a looming battle between Fletcher Building and Western Australia’s BGC and a possible bid for Sky TV being the main talking points.

Fletcher and election uncertainty makes for a quiet sharemarket

12 October 2023 - Uncertainty surrounding Fletcher Building and the upcoming general election made for a quiet day’s trading on the sharemarket on light volume.

NZ market edges up while Fletcher Building goes into trading halt

11 October 2023 - New Zealand’s market edged up while Fletcher Building slammed on the trading halt brakes over concerns around an upcoming presentation by an Australian builder concerning issues with its leaky pipes in Western Australia.

NZ market enjoys positive bounce amidst volatile day

10 October 2023 - New Zealand’s benchmark index brightened up on Tuesday, thanks to international tailwinds pushing the NZ market higher after a volatile day of trading.

NZ market in the red as election countdown begins

9 October 2023 - New Zealand’s benchmark index slid as investors started the countdown to the election later this week and waited for key US inflation data due this Friday.

Weak energy companies drag NZ sharemarket lower

6 October 2023 - Weakness in the big power companies helped drive the sharemarket lower while investors took to the sidelines in the leadup to the release of key United States labour data for September.

NZ sharemarket rises US Treasury yields drop

5 October 2023 - A sharp fall in oil prices and a dip in US Treasury yields helped drive New Zealand stocks to a stronger finish as turnover thinned out in the leadup to the election.

NZ market flat as RBNZ keeps OCR at 5.5%

4 October 2023 - Neither New Zealand’s benchmark index nor economists were surprised by the fact there was no change made to the official cash rate by the Reserve Bank of New Zealand on Wednesday. 

NZ market flat as RBA hits the handbrake

3 October 2023 - All was quiet on New Zealand’s benchmark index on Tuesday as the Reserve Bank of Australia has continued to hit an expected pause on hiking the cash rate, and investors wait to see if the Reserve Bank of NZ follows the same line of thinking – or goes rogue.

Pacific Edge falls as NZ market sinks into the red

2 October 2023 - New Zealand's benchmark share index edged lower while cancer diagnostics firm Pacific Edge experienced another share price tumble.

Sharemarket rises on quarter-end buying

29 September 2023 - The New Zealand sharemarket clawed back lost ground on the back of end-of-quarter buying to finish with a strong gain.

NZX50 drops more than 1% as bond yields rise

28 September 2023 - A two-thirds drop in The Warehouse’s annual net profit and rising bond yields helped drag the New Zealand sharemarket lower.  

NZ market edges down as employment confidence hits low point

27 September 2023 - New Zealand's benchmark share index slid into the red as local employment confidence hit its lowest point since December 2020.

NZ market down as investors press pause

26 September 2023 - New Zealand's benchmark share index slid on Tuesday, during a lull in company news as investors pressed pause mode before the election.

NZ market ticks up as school holidays kick off

25 September 2023 - A late, index-related buying surge took the New Zealand sharemarket into positive territory at the close after spending most of the day in the red.

Late surge lifts NZ sharemarket into positive territory

22 September 2023 - A late, index-related buying surge took the New Zealand sharemarket into positive territory at the close after spending most of the day in the red.  

NZX50 slips as Fonterra result shines in the gloom

21 September 2023 - A stronger-than-expected annual result from Fonterra enlivened an otherwise flat day’s trading on the sharemarket.

NZ market flattens out as KMD Brands falls almost 5%

20 September 2023 - New Zealand's benchmark share index dipped slightly as investors waited to hear what the US Federal Reserve said after its two-day meeting came to an end early Thursday morning NZ time.

NZ market follows the US as investors wait for Fed’s decision

19 September 2023 - New Zealand's benchmark share index headed downward on Tuesday, following US market sentiment as investors wait for the US Federal Reserve meeting later this week.

NZ market edges up while shares in Synlait Milk drop almost 10%

18 September 2023 - New Zealand's benchmark share index rose while shares in milk processor firm Synlait Milk fell almost 10% on the news that A2 Milk wants to cancel Synlait’s exclusive milk formula production and supply rights deal because of delivery and performance issues.

NZ sharemarket ends week on brighter note with heavy trading

15 September 2023 - The New Zealand sharemarket had its second gain of the week on the back of strong rebounds in offshore bourses and further economic stimulus in China.

NZ sharemarket suffers from ex-dividend blues

14 September 2023 - The New Zealand sharemarket had another fall, dragged down by several leading stocks going ex-dividend. Its welcome half percent gain the day before was short-lived.

NZX50 breaks an eight day losing streak

13 September 2023 - The New Zealand sharemarket broke a sequence of down days with a welcome half% rise, helped by a positive financial result from big retailer Briscoe Group.

NZ sharemarket steadies after govt opens the books

12 September 2023 - The New Zealand sharemarket steadied the ship after the Treasury’s pre-election economic update turned out to be not quite as gloomy as people expected.

NZ sharemarket slips ahead of economic and fiscal update

11 September 2023 - Weaker property stocks and an under-pressure Ebos Group helped push the New Zealand sharemarket to another fall as investors waited for the pre-election economic update.

NZX50 slides to nine-month low

8 September 2023 - A weight-reducing drug is causing trouble for Fisher and Paykel Healthcare as the New Zealand sharemarket chalked up its sixth successive fall.

NZX50 flat as companies go ex-dividend

7 September 2023 - The New Zealand sharemarket held its ground as a bunch of stocks went ex-dividend, and offshore bourses were decidedly weaker.

NZX50 continues its slow slide

6 September 2023 - The New Zealand sharemarket recorded its fourth fall in five trading days as the continuing rise in oil prices added fresh inflationary concerns.

NZX 50 hits new low for 2023

5 September 2023 - The New Zealand sharemarket closed at its lowest level this year – dragged down by unusual volatility in the largest local stock, Meridian Energy.

SkyCity's share plunge dominates NZ sharemarket

4 September 2023 - SkyCity Entertainment dampened the New Zealand sharemarket by tumbling more than 13% after becoming embroiled in more regulatory action.

Auckland airport a bright note in a dull day on the NZ sharemarket

1 September 2023 - The hefty $830 million council sale of Auckland International Airport shares provided excitement for the New Zealand sharemarket but didn’t stop it from losing ground once more.

A bleak August for the sharemarket ends on a slight uplift

31 August 2023 - The New Zealand sharemarket, unsettled by mixed company results, a slowing economy and election uncertainty, fell more than 4% in August – the worst trading month for over a year.

Market flat as property stocks fall on National policy

30 August 2023 - The New Zealand sharemarket was flat, and property stocks were weaker after the National party followed Labour and confirmed commercial building depreciation tax breaks would end next year.

NZ sharemarket lifts as results brighten investors' mood

29 August 2023 - Tourism Holdings shone brightly, Fisher and Paykel Healthcare had a volatile day after providing its latest guidance, and a calm New Zealand sharemarket produced a near half percent gain.

NZ sharemarket lifts on budget cuts and US news

28 August 2023 - The government’s $4 billion cost-cutting move and a passive speech from the United States Federal Reserve governor underpinned a firmer tone on the New Zealand sharemarket.

NZ sharemarket dips despite solid results

25 August 2023 - An unforgiving New Zealand sharemarket slipped further on another busy day of company reporting that again saw a bunch of solid results.

High flying Air NZ does not lift the sharemarket

24 August 2023 - Uncertainty crept back into the New Zealand sharemarket, down more than half a percent, despite solid financial results from high-flying Air NZ and Auckland International Airport.

Ebos leads NZX50 higher for a second day

23 August 2023 - Ebos Group, for so long a reliable and consistent performer, led the New Zealand sharemarket to a welcome gain of well over half a percent on the busiest day for company reporting.

Solid results brought an end to days of decline for NZ sharemarket

22 August 2023 - The New Zealand sharemarket was more sympathetic on a lighter day for company reporting, and a2 Milk had a nice bounce-back.

NZX50 continues to slump despite some upbeat results

21 August 2023 - The New Zealand sharemarket wasn’t in a sympathetic mood, falling more than one percent despite four of the leading stocks producing solid financial results.

Wary investors cast gloom over the NZ sharemarket

18 August 2023 - The New Zealand sharemarket is heading for its worst month in a year, and farming-related stocks were unsettled after Fonterra lowered its farmgate milk price forecast for the second time in a fortnight.

Skellerup a bright note as NZ sharemarket tumbles

17 August 2023 - Skellerup Holdings was a beacon of light in reporting record earnings on the New Zealand sharemarket as blue chip stocks took a tumble in the biggest single-day fall for more than two months.

NZX 50 dips as Fletcher Building shares slumps

16 August 2023 - Fletcher Building plunged more than 8% after cutting its dividend, and the Reserve Bank of New Zealand kept the official cash rate unchanged as the NZ sharemarket shed half a percent.

NZ sharemarket flat as investors await news

15 August 2023 - The New Zealand sharemarket lacked any real impetus and traded flat while waiting for the local company reporting season to heat up.

NZ sharemarket dips despite bright start to earnings season

14 August 2023 - The New Zealand sharemarket slipped slightly but leading gentailer Contact produced “a solid set of numbers” on the first day of the latest company reporting season.

NZ sharemarket ends the week with a lift

11 August 2023 - The New Zealand sharemarket had a handy gain after four successive down days, with the country’s biggest company, Fonterra, providing a positive earnings outlook.

NZ sharemarket drifts on US and China uncertainty

10 August 2023 - The New Zealand sharemarket drifted further on uncertainty about United States inflation and the China economy, while the world’s largest investment fund BlackRock added some intrigue.

Edgy sharemarket dips ahead of results season

9 August 2023 - An edgy New Zealand sharemarket registered another small loss just before the latest company reporting season, but retailer Briscoe Group again came up with the goods.

NZ sharemarket slides as investors digest fast food results

8 August 2023 - The New Zealand sharemarket slipped more than half a percent despite a rebound on Wall Street, with fast food operator Restaurant Brands continuing to slide.

NZ sharemarket flat as Restaurant Brands' shares plummet

7 August 2023 - Pizza Hut and KFC operator Restaurant Brands plunged more than 12% after dramatically lowering its profit outlook as the New Zealand sharemarket opened the week on a flat note.

Wary investors keep the NZ sharemarket flat

4 August 2023 - The New Zealand sharemarket finished the week with a very small gain, but investors are wary about the continuing rise in long-term bond yields.

US rating downgrade rattles fragile investors and NZX50 dips

3 August 2023 - The New Zealand sharemarket was down slightly as the United States credit rating downgrade reverberated around weaker offshore bourses.

The NZX50 remained steady as overseas markets get spooked

2 August 2023 - The New Zealand sharemarket shrugged off weak offshore bourses as the United States credit rating was downgraded because of “a steady deterioration in standards of governance”.

NZ sharemarket dips on low volumes as Aust market moves up on inflation news

1 August 2023 - The New Zealand sharemarket retreated more than half a percent on light trading as the Reserve Bank of Australia kept its official cash rate unchanged for the second straight month.

NZX50 jumps on index changes and higher confidence

31 July 2023 - The New Zealand sharemarket jumped nearly one percent as business confidence reached its highest level for nearly two years, albeit still comparatively low.

NZ50 ends the week on a flat note

28 July 2023 - Leading stock Mainfreight had a turbulent day following its weaker trading update as the New Zealand sharemarket ended the week on a flat note.

NZX flat as major companies issue warnings

27 July 2023 - Leading stocks Mainfreight and Ryman Healthcare both sounded warnings of a slowing domestic economy and earnings growth, and the New Zealand sharemarket traded flat.

Hopes inflation tamed in Aust raises NZ sharemarket

26 July 2023 - The New Zealand sharemarket perked up after news that Australian inflation is falling faster than most commentators expected.

F&P Healthcare leads NZ market down after day of gains

25 July 2023 - An uncertain New Zealand sharemarket gave up all the gains made the day before, with heavyweight Fisher and Paykel Healthcare leading the way down.

NZ sharemarket starts the week on a positive note

24 July 2023 - The New Zealand sharemarket began the week with a rise of more than half a percent, with the gains widely spread across the main board amongst the big and small-cap stocks.

NZ sharemarket ends quiet week with an upward tick

21 July 2023 - The New Zealand sharemarket finished one of the quietest weeks of the year with another flat trading day, while some of the steam came out of United States stocks.

NZ sharemarket subdued as the bulls charge on Wall Street

20 July 2023 - The New Zealand sharemarket continued a steady-as-she-goes course on quiet trading, while a buoyant Wall Street is having a jolly good time.

NZX50 rises on light volumes as inflation data is released

19 July 2023 - The New Zealand sharemarket made a small gain on further evidence that inflation is falling, but investors are wary that another official cash rate rise is on the cards by the end of the year.

NZ sharemarket drifts as takeover bid rejected

18 July 2023 - The New Zealand sharemarket drifted sideways in a quiet day’s trading, while small-cap stock Metro Performance Glass rejected a takeover bid by two prominent businessmen.

NZ sharemarket starts week with a dip on interest rate concerns

17 July 2023 - The New Zealand sharemarket dipped more than half a percent as interest rate-sensitive energy stocks took a hit ahead of this week’s latest inflation data.

NZX50 lifts ahead of long weekend on low volumes

13 July 2023 - The New Zealand sharemarket moved into the Matariki holiday with a near one percent gain on confidence that inflation is being tamed and bond yields have peaked.

Sharemarket has a muted response to Reserve Bank move

12 July 2023 - The New Zealand sharemarket had a muted response to the hold on the official cash rate, while technology company Eroad rejected a takeover offer. 

NZ shares flat ahead of Reserve Bank rate decision

11 July 2023 - The New Zealand sharemarket lacked direction ahead of the Reserve Bank’s latest monetary review while shares bounced back offshore.

NZX 50 loses a week's gain in one day

10 July 2023 - The New Zealand sharemarket gave up all the strong gains made last week as it became preoccupied with the latest inflation moves here and overseas.

NZ sharemarket makes gains despite headwinds

7 July 2023 - The New Zealand sharemarket showed resilience in the face of increased wholesale interest rates and a big fall in shares across the Tasman.

Pacific Edge rises as wider sharemarket stutters

6 July 2023 - Pacific Edge made a rapid recovery, rising more than 110% after receiving a reprieve on funding for its Cxbladder tests in the United States, while an uncertain New Zealand sharemarket had its first fall in eight trading days.

NZX50 lifts to a seven week high

5 July 2023 - The New Zealand sharemarket picked up steam late in the day and pushed through the 12,000 points mark for the first time in seven weeks.

Aussie interest rate move boosts two sharemarkets

4 July 2023 - The sharemarkets on both sides of the Tasman enjoyed another strong day after the Reserve Bank of Australia put a hold on interest rate rises.

Comvita a sweet spot in otherwise dull NZ sharemarket

3 July 2023 - The New Zealand sharemarket traded flat on the first day of the school holidays, but Comvita jumped more than 4% after making use of the prime minister’s visit to China by signing a new supply agreement.

NZ sharemarket ends the week on a bright note

30 June 2023 - The New Zealand sharemarket continued its broad-based rally with a near one percent rise, and utilities investor Infratil was quickly back to an all-time high.

NZ sharemarket lifts on brighter economic news

29 June 2023 - A chirpy New Zealand sharemarket made further strong gains on more positive economic data – this time business confidence at home.

NZ sharemarket follows international leads

28 June 2023 - Investor sentiment suddenly changed offshore – consumer confidence is high in the United States – and the New Zealand sharemarket joined the party with a three-quarter percent gain.

Investors slumber as stocks move with no apparent rhyme nor reason

27 June 2023 - The New Zealand sharemarket slipped into a slumber on another day of light trading, with little movement among the leading stocks.

NZ sharemarket dips as global uncertainty intensifies

26 June 2023 - The New Zealand sharemarket opened the week with a fall of nearly one percent on the back of weaker offshore trading and further uncertainty in the Russian-Ukraine deadlock.

NZX50 drifts as investors chew over week’s highs and lows

23 June 2023 - New Zealand’s sharemarket went into the weekend on a flat note as investors chewed over the big news of the week which included companies cutting guidance and some dramatic share price movements.

Eroad shares jump almost 60%, Pacific Edge sinks further

22 June 2023 - New Zealand’s sharemarket edged down even as shares in transport fleet management software firm Eroad flew up by almost 60%, following the company’s announcement of a full takeover offer at $1.30 a share.

NZ market edges down as companies issue bad news

21 June 2023 - New Zealand’s market flattened out on subdued investor sentiment as horticultural company Seeka and Fletcher Building downgraded their full-year results.

NZX50 rises as consumer confidence remains poor

20 June 2023 - New Zealand's share market managed to edge up on Tuesday with a lack of market leads with US markets closed for the Juneteenth holiday.

NZ sharemarket edges down as investors mull over last week’s data

19 June 2023 - New Zealand’s sharemarket investors seem to have spent Monday mulling over last week’s data as there was little on the company news front to drive prices today.

Tony Alexander predicts

19 June 2023 - Economist Tony Alexander says New Zealand is about to experience “a period of rapid house price growth.”

NZ market turns over almost $400m as indices rebalance

16 June 2023 - New Zealand’s sharemarket turned over more than $300 million on Friday as the S&P/NZX indices rebalanced – as a result of its June quarterly review.

Data-heavy day flattens NZ market

15 June 2023 - It was all quiet on the New Zealand sharemarket front today, even as the US Federal Reserve rate pause was announced, closely followed by the reveal that gross domestic product (GDP) had shrank 0.1%.

Auckland International Airport shares stumble, all eyes on Fed

14 June 2023 - Auckland International Airport shares fell more than 3% today and almost pulled New Zealand’s sharemarket lower on the news that the airport was trimming its dividend policy.

NZ tech stocks miss out on Nasdaq highs

13 June 2023 - The United States' Nasdaq index jumped to highs not seen since April last year during Monday trading but those offshore gains weren’t reflected in New Zealand’s tech stock sector on Tuesday.

NZX50 dips as investors wait on data

12 June 2023 - The New Zealand sharemarket opened a crucial week for the economy with a fall of more than half a percent, punctured by some unusually large downward moves in some leading stocks.

NZX 50 slips as Auckland airport shares rise

9 June 2023 - Auckland International Airport jumped nearly 2% after Auckland council finally decided to sell 7% of its 18% shareholding, while the New Zealand sharemarket was down slightly.

NZX50 dips for third day in a row

8 June 2023 - The New Zealand sharemarket lost ground for the third successive day, weighed down by the Infratil equity raising and a sudden increase in wholesale interest rates.

Pacific Edge's plunge helps NZX50 to lowest level in 10 weeks

7 June 2023 - It was back to the future for cancer diagnostic firm Pacific Edge after its price plunged more than 75% during a down day for the New Zealand sharemarket.

Big news drive big moves on sharemarket

6 June 2023 - Ebos Group, A2 Milk, Synlait and Pacific Edge were the centre of attention with transformative developments, while the New Zealand sharemarket made a recovery after a midday slump.

Investors take an early long weekend as the NZX drifts

2 June 2023 - Investors sat back and looked ahead to the King’s Birthday Weekend break as the New Zealand sharemarket drifted to a small loss.

NZ sharemarket rises as US debt issues sorted

1 June 2023 - A re-energised New Zealand sharemarket staged a strong rebound, driven by the two biggest stocks, as the deal on United States’ debt ceiling was sorted.

Nearly $1b changes hands on NZX as indices rebalance

31 May 2023 - Nearly $1 billion worth of shares were traded in the May quarterly review of the MSCI global indices and the New Zealand sharemarket responded with a half percent fall.

NZ market tumbles as latest reporting season ends

30 May 2023 - The New Zealand sharemarket took a tumble in the last hour, falling nearly half a percent, as the latest reporting season featuring mixed financial results came to an end.

US debt deal boosts NZ sharemarket

29 May 2023 - Fisher and Paykel Healthcare made a recovery and the New Zealand sharemarket surged nearly one percent on news that an agreement had been reached on the United States debt ceiling.

Market heavyweight drags NZX 50 down

26 May 2023 - The weight of expectation pushed Fisher and Paykel Healthcare down more than 6% on the New Zealand sharemarket, which finished the week with a sharp 1% fall.

Sharemarket flat as Mainfreight slips

25 May 2023 - Star performer Mainfreight has consistently grown its earnings and dividends over the last 13 years but it took a tumble on the New Zealand sharemarket on a sombre outlook for the new financial year.

Investors lift shares after a less hawkish Reserve Bank outlook

24 May 2023 - A surprised New Zealand sharemarket rallied nearly 1% after the Reserve Bank indicated it was done with raising interest rates.

Stock investors wait on monetary policy decisions

23 May 2023 - The New Zealand sharemarket dipped nearly half a percent on the eve of the Reserve Bank of NZ’s latest interest rates move, and Infratil continues to set the pace among individual stocks.

Investors worry about interest rates – NZX50 droops

22 May 2023 - Companies producing solid financial results – this time Gentrack – are being rewarded but the New Zealand sharemarket tumbled nearly 1% on interest rate worries.

Ryman helps market to highest close in three months

19 May 2023 - The New Zealand sharemarket broke through the 12,000 points mark, with a 1% rise, spurred on by a solid earnings performance from a revitalised Ryman Healthcare.

Sharemarket droops after budget revealed

18 May 2023 - The New Zealand sharemarket dipped when finance minister Grant Robertson announced more spending and borrowing than expected in his latest budget.

Retirement village stocks show signs of life

17 May 2023 - Retirement stocks have found a new lease of life and Serko surged on a better-than-expected annual result but the New Zealand sharemarket remained subdued.

NZ sharemarket worried by inflation and rising interest rates

16 May 2023 - The New Zealand sharemarket made a small gain but it presently lacks conviction and direction as worries over inflation and rising interest rates persist.

Cautious start to NZ sharemarket week, Synlait and A2 tumble again

15 May 2023 - The New Zealand sharemarket began budget week on a cautious, flat note and the closely aligned companies Synlait and a2 Milk again took a tumble.

NZ sharemarket closes week with near 0.5% gain

12 May 2023 - The New Zealand sharemarket closed the see-sawing week with a gain of nearly half a percent as it looked positively ahead to the latest financial reporting season.

NZ sharemarket see-saws with near 1% fall

11 May 2023 - The New Zealand sharemarket continued its see-sawing act with a near 1% fall and leading stocks were trimmed ahead of the latest reporting season.

NZ sharemarket gains nearly 1%, Pushpay bids farewell to NZX

10 May 2023 - The New Zealand sharemarket, well supported by the industrial and energy stocks, came alive with a strong afternoon recovery and a gain of nearly 1% on busy trading.

Stormy weather dampens uncertain NZ sharemarket

9 May 2023 - The New Zealand sharemarket had another uncertain day – just like the effect of Auckland weather – and Tourism Holdings plunged nearly 10% on a cautious trading outlook.  

Tower earnings downgrade causes sharemarket stir

8 May 2023 - The New Zealand sharemarket had a familiar late surge while Tower caused a stir with a significant earnings downgrade because of the impact of the recent flooding and cyclone.

NZ sharemarket finishes week down more than 0.5%

5 May 2023 - A hesitant New Zealand sharemarket finished the week with a fall of more than half a percent as it awaits the latest round of company results and digests the recent interest rate rises.

NZ market bounces back from morning low

4 May 2023 - The New Zealand sharemarket staged a solid half-percent recovery, with Fonterra Shareholders’ Fund and Hallenstein Glasson leading the way with strong gains.

US banking and NZ inflation worries causes sharemarket slump

3 May 2023 - The New Zealand sharemarket slumped more than 1% as banking concerns in the United States and inflation worries here again rippled to the surface.

NZ's sharemarket up while Australia's takes a dive

2 May 2023 - The New Zealand sharemarket went up while its counterpart across the Tasman dived on the shock move by the Reserve Bank of Australia to further increase interest rates.

Quiet start to NZ sharemarket's week, optimism for strong US earnings season

1 May 2023 - The New Zealand sharemarket had a quiet start to the week, though clothing retailer Hallenstein Glasson, a household name, continued to make strong gains.

NZ sharemarket lifts after positive news from the US

28 April 2023 - Spurred by Wall Street, the New Zealand sharemarket rebounded nearly one percent, and Hallenstein Glasson reached a 12-month high on the likelihood that it will be included in the NZX top 50.

Auckland airport shares return to previous highs

27 April 2023 - Auckland International Airport neared a 45-month high and Pushpay’s takeover was approved by shareholders on an otherwise quiet day on the New Zealand sharemarket.

NZ market down following Synlait profit downgrade

26 April 2023 - The New Zealand sharemarket was down sharply on the back of a slide on Wall Street and conflicting messages from beaten-up Synlait and a2 Milk on the latest profit downgrade.

Sharemarket starts week on a buoyant note

24 April 2023 - The New Zealand sharemarket moved into the Anzac Day commemoration in a buoyant mood, rising nearly one percent with several consumer stocks having a solid day.

Sharemarket ends week with an upwards tick

21 April 2023 - The New Zealand sharemarket perked up towards the end of a sluggish week, and Synlait Milk added some intrigue after going into a trading halt.

Interest rate fears dampen NZ sharemarket

20 April 2023 - The New Zealand sharemarket couldn’t fire up on the news that inflation is on the way down, knowing that interest rates are still likely to move higher.

Sharemarket has another late surge into positive territory

19 April 2023 - The New Zealand sharemarket is perfecting the art of 'the late surge', and the country’s biggest kiwifruit grower Seeka has warned its latest harvest could be down as much as 20%.

Mortgage payments rearranged as living costs spiral

19 April 2023 - New research from Canstar shows that nearly one in five mortgage holders have negotiated with their bank to find ways to reduce their mortgage payments.

NZ sharemarket tumbles half a percent

18 April 2023 - The New Zealand sharemarket tumbled nearly half a percent and defensive stocks were hit as wholesale interest rates crept up on further inflation concerns.

Late surge lifts sharemarket into positive territory

17 April 2023 - The New Zealand sharemarket staged a late surge, but Fletcher Building had a bumpy day after revealing its Australian subsidiary was under investigation for a leaky pipe product.

Sharemarket closes down on very low volumes

14 April 2023 - The New Zealand sharemarket slipped nearly half a percent on one of the quietest days of the year, unable to be stirred by a strong rebound on Wall Street.

Investors focused on inflation as shares meander

13 April 2023 - The New Zealand sharemarket had another meandering day with investors focused on the latest inflation data and when interest rates will start falling.

NZ investors quiet as investors await US inflation data

12 April 2023 - The New Zealand sharemarket posted a small gain but it still hasn’t fired up since the Easter break – and has an eye on the latest United States inflation.

Sharemarket ends flat after rocky start

11 April 2023 - The New Zealand sharemarket opened the week in a lacklustre mood following the Easter break, with Summerset Group acknowledging the tough trading in the retirement village sector.

All quiet on the sharemarket front

6 April 2023 - After the shock of the Reserve Bank of New Zealand’s half a percent hike in the official cash rate, it was all quiet on the NZ sharemarket front with investors switching to Easter holiday mode.

Market absorbs Reserve Bank shock

5 April 2023 - The New Zealand sharemarket tumbled and then recovered from the shock of an unforgiving Reserve Bank of NZ defying predictions and increasing the official cash rate to its highest level in 14 years.

NZ market perks up as Australia's central bank holds rates

4 April 2023 - The New Zealand sharemarket perked up with a half percent gain after the Australian Reserve Bank boldly paused interest rate rises – and now all eyes are on the NZ counterpart.

NZX50 slips as traders await cental banks' decisions

3 April 2023 - A hesitant New Zealand sharemarket fell nearly half a percent as it waited for the latest interest rate decisions from the central banks on each side of the Tasman.

NZ sharemarket takes a breather despite strong performance from Hallenstein Glasson

31 March 2023 - Hallenstein Glasson shone bright with a solid first-half performance but the New Zealand sharemarket took a breather after a strong rally this week.

NZX's second big rise in three days

30 March 2023 - The New Zealand sharemarket followed a strong day on Wall Street with an impressive gain of well over 1%, and utility stocks were again lively.

Buyers shun market and shares dip

29 March 2023 - Buyers, so prevalent the day before, disappeared and the New Zealand sharemarket lost ground today. But the latest Australian consumer price index gave hope that central banks may be winning the battle against inflation.

Positive day offshore leads strong revival of NZ sharemarket

28 March 2023 - The leading energy and retirement stocks led a strong revival in the New Zealand sharemarket, up more than one percent, following a positive day offshore.

NZ market makes small gain despite Synlait taking hit

27 March 2023 - Property stocks staged a recovery, Synlait Milk took another hit, falling more than 5%, and out of it, the New Zealand sharemarket managed a small gain.

NZ investors remain wary, sharemarket ends week flat

24 March 2023 - Consistent performer Mainfreight stumbled and New Zealand shares finished the week on a flat note with investors remaining wary about where markets are heading.

NZ sharemarket holds up despite Warehouse result

23 March 2023 - The Warehouse Group plunged nearly 12% on a weak first-half result but the New Zealand sharemarket held up well in the face of further falls offshore.

NZ market gains on back of KMD's 'impressive result'

22 March 2023 - A more confident New Zealand sharemarket posted a half percent gain on the comfort of record first-half earnings from retailer KMD Brands and a feeling that the offshore banking crisis is under control.

NZ market dragged down

21 March 2023 - The New Zealand sharemarket was weighed down by weakness in the energy and property sectors while offshore investors were more hopeful that the banking sector had settled.

NZ stocks slump in line with global markets

20 March 2023 - New Zealand joined other Asia Pacific markets with a sharp fall of nearly 1.5%, as the latest banking developments and support failed to calm investors’ nerves.

Market lifts slightly despite rattled investors

17 March 2023 - The New Zealand sharemarket ended a roller-coaster week with a small gain, but Synlait Milk slumped after significantly downgrading its earnings forecast.

NZX rebounds after rough start to day on bank fears

16 March 2023 - The New Zealand sharemarket’s nerves were soothed by a bumper profit from Fonterra and a new $1.6 billion takeover bid for Pushpay following another offshore banking scare and looming recession at home.

NZ market bouncing around as investors remain wary

15 March 2023 - Retailer Briscoe Group brought some joy to the New Zealand share market, with record annual earnings, but investors remained wary following the bank failures in the United States.

NZ market still in dour state post SVB fail

14 March 2023 - The shockwaves from the Silicon Valley Bank collapse are still being felt across markets, with New Zealand’s benchmark index being dragged lower on dour investor sentiment.

NZ market rallies on US banking assurances

13 March 2023 - New Zealand and other offshore sharemarkets rallied after United States regulators took quick action to stem a widespread banking crisis.

Unsettled NZ market sheds 1%

10 March 2023 - The New Zealand sharemarket ended a volatile week with a near 1% fall as the prospect of more interest rate rises to combat inflation reared up and unsettled investors.

‘Listless and almost asleep’: NZ’s market waits for US jobs data

9 March 2023 - New Zealand’s market was quiet like the ocean before a storm today as investors wait for looming US jobs data out tomorrow.

Offshore sentiment drives local market

8 March 2023 - The fight against inflation is far from over. Global sharemarkets, including New Zealand’s, sold off sharply after the United States Federal Reserve indicated interest rates may need to go higher for longer.

Turners goes up a gear as NZ market remains flat

7 March 2023 - Car dealer Turners Automotive shrugged off any slowdown in the economy with an earnings upgrade while the New Zealand sharemarket remained sluggish following a busy results season.

Advisers help in the storm aftermath

7 March 2023 - The storms that hit Hawkes Bay might have subsided, but the silt is still there and so is the backlog of work for advisers in the region.

NZ market starts the week with no real direction

6 March 2023 - Church donations software company Pushpay fell a further 6% as the New Zealand sharemarket failed to take the bait from strong offshore leads in Australia and the United States.

Investors switch focus from earnings to macro environment

3 March 2023 - The local index was mostly flat as it went into the weekend, with earnings season pretty much over and investors now turning their gaze to the wider macro conditions.

NZ market noticeably quieter as earnings season ends

2 March 2023 - New Zealand’s local index was down for most of the day with some of its heavyweight stocks sliding before the market managed to make a slight comeback by early evening.

NZ market flat as last earnings results come in

1 March 2023 - New Zealand’s market was largely flat today as the local index absorbed information from the earnings season coming to a close.  

NZ market in good spirits as earnings season wraps up

28 February 2023 - New Zealand’s market rose today as the earnings season draws to a close and the US markets' recovery from some of last week’s declines flowed through to the local index.

NZ market drags lower as Michael Hill sparkles

27 February 2023 - While New Zealand’s market was dragged down by international headwinds, retail jeweller Michael Hill bounced up almost 6% today.

NZ market focused on aged-care stocks

24 February 2023 - Aged-care provider Summerset Holdings led the market higher after reporting solid free cashflow in its full-year earnings out today.

NZ shares edge up as deluge of results hit market

23 February 2023 - A deluge of company earnings poured through the local market today, ranging from the likes of Air New Zealand to kiwifruit grower Seeka.

NZ's market flat as Ebos impresses market and Spark disappoints

22 February 2023 - The local market was flat today as investors picked over a cash rate hike by the Reserve Bank of New Zealand (RBNZ), more half-year results and Russia’s president Vladimir Putin's threats to suspend Russia’s observation of a nuclear weapons reduction treaty.

Market responds to 'reporting season show and tell'

21 February 2023 - The New Zealand sharemarket, now well into the reporting season, slipped nearly 1% as stock prices readjusted to earnings value based on their latest financial results.

NZ shares fall as Ryman completes capital raise bookbuild

20 February 2023 - New Zealand shares fell as Ryman Healthcare completed its bookbuild and investors worried about cyclone damage and interest rate policy.

NZ market flat as My Food Bag shares get slammed

17 February 2023 - A few stocks had a rough time on the local index today but none suffered quite as much as food kit company My Food Bag as its share price plummeted by almost 30% as it will pay no dividend this year.

Skellerup shares dive while delivering record first-half

16 February 2023 - Rubber goods manufacturer Skellerup announced a positive first-half result, but its share price still fell as investors expected more from the company.

Ryman capital raising surprises market amidst earnings season

15 February 2023 - Aged-care provider Ryman Healthcare surprised the market as it was getting into the flow of earnings season with the announcement of a $902 million capital raising.

Vulcan Steel result drives share price plummet

14 February 2023 - The NZ government declared a national state of emergency today – the third time in the country’s history – while Vulcan Steel plunged more than 10% after revealing a first-half result below expectations.

NZ market falls as earnings season kicks off

13 February 2023 - New Zealand’s earnings season kicked off today with Contact Energy first out of the gate and a surprise earnings downgrade from Fletcher Building, which dragged the local index lower.

NZ King Salmon shares bounce up almost 10%

10 February 2023 - New Zealand King Salmon's shares rose today after a revised earnings guidance as the local market edged up in anticipation of the earnings season, which kicks off on Monday.

NZ market doesn't like Mainfreight's update

9 February 2023 - Logistics company Mainfreight fell more than 3.5% in early day trading after revealing its pace of revenue and earnings growth had started to slow in the December quarter.

Freightways edges up on ASX-listing plans

8 February 2023 - Diversified logistics company Freightways' plan to dual-list on the Australian stock exchange was the biggest news to hit New Zealand’s index today as the local market chewed over the cash rate hike that came out of the Reserve Bank of Australia yesterday.

Earnings season countdown begins as RBA hikes 25 basis points

7 February 2023 - The Reserve Bank of Australia hiked its cash rate by a much-expected 25 basis points as the New Zealand market considered a flurry of small company announcements ahead of next week’s earnings season.

NZ shares edge up as market positivity continues

3 February 2023 - New Zealand’s market edged up again today, ending the week on a high as it added to January's gains.

NZ dollar jumps almost one US cent following Fed hike

2 February 2023 - The New Zealand dollar jumped one cent over the day, following the US Federal Reserve announcing an expected 25 basis point rate hike.

NZ market jumps up ahead of Fed decision tomorrow

1 February 2023 - New Zealand’s benchmark index started strong on the first day of February, continuing the positive gains that the market made last month.

NZ market in waiting mode as investors wait for central banks' decisions

31 January 2023 - New Zealand’s domestic market was kept busy today with a smattering of company announcements while investors wait for multiple central banks to announce new monetary decisions.

Impact of Friday's flooding felt on share market

30 January 2023 - Insurer Tower's shares slipped three and a half percent as it assessed the impact of the flooding in Auckland and other parts of the upper North Island on a flat day for the New Zealand sharemarket.

Ryman Healthcare ends week up 18%

27 January 2023 - After being dragged down New Zealand’s benchmark index in recent months, aged-care provider Ryman Healthcare’s share price has bounced up more than 18% this week.

NZ tech stocks have a mixed day

26 January 2023 - Even though Australia had its financial out-of-office on due to its increasingly controversial Australia Day public holiday, New Zealand’s market still managed to keep busy today as it chewed over yesterday’s inflation update.

NZ market edges up as CPI data remains stable

25 January 2023 - New Zealand’s benchmark index remained unperturbed by the latest consumer price index (CPI) data remaining steady – but still hot.

NZX leads market lower as inflation figures loom

24 January 2023 - Stock market operator NZX led the S&P/NZX 50 index lower as investors pondered whether inflation data tomorrow would slow the central bank’s aggressive rate hike cycle.

Serko jumps up as NZ market edges down

23 January 2023 - Travel software provider Serko had a great day on the index, while New Zealand's broader market lost some of Friday’s gains.

F&P Healthcare boosts share market with stable revenue

20 January 2023 - Fisher & Paykel Healthcare led the New Zealand share market higher today after giving earnings guidance which confirmed its declining earnings have stabilised.

NZ market doesn’t budge after PM announces shock resignation

19 January 2023 - Neither New Zealand’s market nor the dollar barely budged after prime minister Jacinda Ardern made the shocking announcement that she would be resigning from her role next month.

Large growth stocks pull NZ market higher

18 January 2023 - Fisher & Paykel Healthcare and Mainfreight helped pull the market higher as retail card spending declined, but retail shares seemed unaffected by the new data.

NZ market upbeat as China's economy opens back up

17 January 2023 - Business confidence might’ve gone out the window today but China reopening its economy has put markets everywhere in good spirits.

NZ shares rise as US earnings season prepares to kick off

16 January 2023 -    

Pacific Edge jumps almost 6%; US CPI data says inflation is slowing

13 January 2023 - Shares in cancer diagnostics firm Pacific Edge jumped almost 6% today while New Zealand’s market reacted happily to the news that inflation appears to be slowing, according to much-anticipated consumer price index (CPI) inflationary data.

Elevated consenting numbers a nice surprise for market

12 January 2023 - Investors are impatiently waiting to see what’s revealed in a consumer price index inflation update coming out tonight, while domestically New Zealand’s market was slightly surprised by the property consenting numbers that were released today.

NZ shares dip in tandem with ANZ world commodity price index

11 January 2023 - New Zealand’s market edged down slightly today in tandem with the ANZ world commodity price index, which dipped 0.1% in December – given a helping hand by higher aluminium and dairy prices.

NZ market still in out-of-office territory

10 January 2023 - New Zealand’s market still very much feels like it has its out-of-office email on, with the local index seeing very low volumes and a conspicuous lack of exciting corporate news for investors to sink their teeth into today.

Falling bond yields suggest inflation is peaking

9 January 2023 - Equity markets everywhere have been chewing on the billion-dollar question since Friday – has inflation peaked?

Market continues to be full of New Year cheer

5 January 2023 - New Zealand’s market took yesterday’s rally in its stride and jumped up again today, a hopeful sign that the local market’s new year cheer will continue.

NZ stocks rally into 2023, Ebos hits an all time high

4 January 2023 - New Zealand stocks have rallied on the first local trading day of the new year, with Ebos Group hitting an all-time high.

NZ shares fall in last trading session of the year

30 December 2022 - New Zealand’s share market ended the very last trading session of the year in the red with The Warehouse topping the news of the day after the retailer told the market that its biggest trading quarter of the year had failed to meet expectations.

NZ market ignores international headwinds

29 December 2022 - New Zealand’s market ignored the negative headwinds from international markets today but although the benchmark index saw a small rally this afternoon, it ended the day flat.

Wall Street selloff casts shadow over NZ market

23 December 2022 - It was an abbreviated day of trading for New Zealand today, with the market shutting up shop in the early afternoon to little fanfare.

NZ shares turn over just $83m as market settles down for Christmas

22 December 2022 - The jolly Christmas rally investors were hoping for as the big day creeps closer didn't arrive, but on the last full day of trading before Christmas, New Zealand’s market had a small bounce in its step.

NZ market steady as kiwi nosedives against Japanese yen

21 December 2022 - Markets everywhere are dragging themselves closer to the Christmas finish line while the New Zealand dollar fell almost 400 basis points against the Japanese yen after the Bank of Japan (BoJ) doubled its 10-year yield cap.

Sad Santa? Christmas rally looking less and less likely for NZ market

20 December 2022 - Five sleeps until the big day and a Christmas rally was nowhere to be seen in either international or domestic markets.

Sad Santa? Christmas rally looking less and less likely for NZ market

20 December 2022 - Five sleeps until the big day and a Christmas rally was nowhere to be seen in either international or domestic markets.

NZ shares fall on start of Christmas week

19 December 2022 - With less than a week from Christmas, investors didn’t think Santa had dropped by earlier when dairy manufacturer Synlait Milk announced it was reducing its forecast milk price for the 2022-23 season.

NZ market flat as Christmas period kicks off

16 December 2022 - Fletcher Building was the biggest news to hit the index as New Zealand’s sharemarket ended the day flat thanks to a trickle-through effect from US and NZ companies getting ready for the holiday season.

Market close: Mayor Brown causes market turmoil over airport

15 December 2022 - Auckland International Airport turned over $64.5 million in volume and traded close to eight million shares today after Auckland’s mayor made comments – now disputed – about the airport doing a capital raise and that Auckland council would be selling its 18% stake in the airport because of this.

NZ market flat as US inflation data surprises

14 December 2022 - Cooler-than-expected US consumer price figures overnight surprised some local investors and gave hope to others, leading to New Zealand’s sharemarket being flat through the day before dipping into the red by early evening.

New Zealand’s market edges up ahead of US inflation data

13 December 2022 - New Zealand’s sharemarket had more pep in its step today ahead of key US inflation data coming out later tonight.

NZ shares fall ahead of big financial news week

12 December 2022 - New Zealand’s main share index dipped ahead of major news this week, including NZ economic indicators, US inflation data and the Federal Reserve’s last policy decision for the year.

Heavyweight stocks edge NZ's market down

9 December 2022 - Big stocks like Fisher and Paykel Healthcare, Contact Energy and Ryman Healthcare helped drag down a flat and slightly wilted New Zealand market today as investors wait for an onslaught of data to come out next week.

[Market Close] Fonterra units jump on earnings guidance

8 December 2022 - Fonterra Shareholders’ Fund Units rose on New Zealand’s market today after the dairy co-op hiked its earnings guidance.

Energy companies up as carbon prices drop

7 December 2022 - Energy companies were up across the board in New Zealand’s market today, coinciding with carbon prices dropping at the last auction for the year.

[Market Close] RBA hikes by non-surprising 25 basis points

6 December 2022 - The Reserve Bank of Australia (RBA) hiked its cash rate by an expected 0.25 basis point to 3.1% this afternoon, warning that a further increase in inflation was expected over the months ahead.

Kiwi hits 10-month high vs Aussie

5 December 2022 - The New Zealand market started the week on a strong footing, with the local stock market higher and the kiwi dollar hitting a 10-month high against its Australian counterpart.

NZ shares gain 2.5% this week

2 December 2022 - New Zealand's main share index finished the week up 2.5% buoyed by strong earnings results from Fisher & Paykel Healthcare and a dovish speech from the US Federal Reserve.

NZ dollar hits three month high

1 December 2022 - The New Zealand dollar hit 63 cents against the US dollar today, the first time the kiwi has been that high against the greenback since August.

Gentrack shares soar for a second day

30 November 2022 - Christmas came early for Gentrack investors after its shares increased by almost 20% today, following an 18% jump yesterday.

Fisher & Paykel pulls market significantly higher

29 November 2022 - Fisher & Paykel Healthcare's shares lifted the market higher after the healthcare manufacturer’s half-year earnings came out ahead of analyst expectations and the company’s own market guidance.

NZ market tracks lower as retirement stocks perk up

28 November 2022 - New Zealand’s market edged down today but aged-care provider stocks lifted on the news that the government was putting $200 million towards funding pay parity in the health sector.

Ryman Healthcare jumps 7% after difficult week

25 November 2022 - Ryman Healthcare’s lift in its share price after a rough week was a movement of note on an otherwise quiet day of trading on the local sharemarket with the US closed for Thanksgiving.

NZ market steady as company's report weaker profits

24 November 2022 - The New Zealand market ended the day almost flat after a flurry of half-year results showed weaker profits, the day after the Reserve Bank of NZ warned a recession was on the way.

NZ market feels the pain as Reserve Bank warns of recession

23 November 2022 - The Reserve Bank of New Zealand shocked the market this afternoon with the revelation that its 75-basis-point cash rate hike could have been 100bps.

Ryman drags down NZ stock market

22 November 2022 - Aged-care provider and index heavyweight Ryman Healthcare dragged down New Zealand’s share market today as investors wait for the Reserve Bank of New Zealand’s cash rate hike tomorrow.

NZ market quiet as all eyes on Reserve Bank decision

21 November 2022 - Heartland Group helped pull the market higher today, with most eyes still on the Reserve Bank of New Zealand (RBNZ) as it decides whether to hike the official cash rate by 50 or 75 basis points on Wednesday.

My Food Bag falls as energy retailers rise

18 November 2022 - Meal kit company My Food Bag's shares fell 15.5% today but thanks to energy companies like Mercury, Contact, and Meridian having a good day, New Zealand’s market still ended the day in positive territory.

Goodfellow family sells off even more of its Sanford stake

17 November 2022 - The Goodfellow family’s investment vehicle Amalgamated Dairies has called it quits on being a substantial shareholder of seafood company Sanford after cutting its 6% stake down to just 1.3% today.

Pacific Edge shares edge up

16 November 2022 - Pacific Edge’s shares jumped as much as 6.3% as investors wait for the cancer diagnostic company to reveal whether major US health insurance provider will keep using its bladder tests.

Property stocks weaker as market rises slightly

15 November 2022 - Property stocks edged down in New Zealand's market today even though data from the Real Estate Institute of New Zealand (Reinz) today indicated house prices appear to be stabilising.

NZX50 falls as investors 'take a breather'

14 November 2022 - The New Zealand market slipped on Monday as investors took it easy to start off a busy week of earnings and annual meetings.

Ebos Group leads market higher in rally sparked by positive US inflation data

11 November 2022 - Ebos Group led New Zealand’s benchmark index higher on Friday, a day in which it was buoyed by weaker-then-expected inflation figures out of the United States.

New Zealand market falls despite strong earnings

10 November 2022 - The New Zealand local market ended the day in the red, despite strong earnings from heavy-weight stocks like global logistics company Mainfreight.

Manawa Energy led NZ market lower after disappointing earnings

9 November 2022 - Manawa Energy’s earnings disappointed investors, taking the New Zealand benchmark index into negative territory late in the day.

Australian consumer sentiment, China drag market down

8 November 2022 - Weaker-than-expected consumer sentiment figures across the Tasman and China’s continuing zero-covid policy dragged New Zealand’s benchmark index lower today.

Prospect of an open China, US job data push market higher

7 November 2022 - The prospect of China dropping its zero-covid policy, plus solid job data out of the United States helped push the New Zealand stock exchange (NZX) into positive territory to start the week.

NZ share market moves higher into weekend

4 November 2022 - New Zealand shares made marginal gains on Friday after swap rates backed off their highs and Fisher & Paykel Healthcare rose.

A2 jumps on US FDA deal; Fed hike sends other stocks lower

3 November 2022 - New Zealand's sharemarket fell on Thursday after the US Federal Reserve raised interest rates, but dairy stocks gained as A2 Milk was given new access to the US market.

NZ market waiting on tomorrow’s Fed decision

2 November 2022 - New Zealand’s market edged down as investors hold their breath alongside the rest of the financial world before the next US Federal Reserve’s interest rate hike arrives tomorrow.

NZ dollar gains on Aussie as RBA hikes rate

1 November 2022 - The kiwi dollar rose against its Aussie counterpart after the Australian central bank rate hike preserved most of New Zealand’s interest rate advantage.

Pushpay investors ponder takeover as NZX50 marches on

31 October 2022 - Pushpay Holdings was the most traded stock on New Zealand's market today as investors weighed up the merits of the $1.53 billion takeover offer. 

SkyCity's shares perk up but shareholders aren't happy

28 October 2022 - SkyCity’s shareholders weren’t pleased with the casino operator at its annual meeting but the share price still jumped almost 4% on the back of its first-quarter earnings lifting 10%.

NZ dollar hits monthly high

27 October 2022 - The New Zealand dollar hit a month high today while shares in healthcare manufacturer Ebos bounced up on the news of the company’s $3 billion revenue in its first quarter.

Fletcher and Skellerup hoist market higher

26 October 2022 - Rubber goods manufacturer Skellerup and building materials and construction services company Fletcher Building pulled New Zealand’s market up by its bootstraps today.

Mainfreight drives the market higher

25 October 2022 - Logistics company Mainfreight helped pull New Zealand’s stock market higher as it continued to ride a wave of upbeat earnings guidance from Friday.

Mainfreight hits one-month high; NZX50 drops

21 October 2022 - Mainfreight’s shares hit a recent high after the global logistics company flagged a solid first half, but that wasn’t enough to keep the benchmark index in positive territory.

F&P Healthcare drags market lower

20 October 2022 - New Zealand’s market started the day with more pep in its step before trailing into the red by early evening, not helped by healthcare manufacturer Fisher & Paykel Healthcare slumping almost 4.5%.  

NZ's swap rate hits 12-year high

19 October 2022 - New Zealand’s market was still digesting yesterday’s surprising inflation figures today, while dairy updates and swap rates were the biggest news for the rest of the market.

CPI data shocks NZ market – but was not as high as many feared

18 October 2022 - New Zealand’s market bounced up into the green even as unexpected consumer price figures stoked inflation worries.

NZ market braces for key CPI data

17 October 2022 - A flurry of corporate news kept New Zealand’s share market occupied but the market still ended the day in a sombre mood as investors braced themselves for the release of NZ inflation data on Tuesday.

New US inflation data surprises market

14 October 2022 - New inflation data out of the US overnight New Zealand time drove down US markets which then later soared, all before NZ investors had managed to drink their first coffee of the day.

NZ markets lags before new key CPI data tomorrow

13 October 2022 - The New Zealand market ended the day in the red as cautious investors wait to see what the US consumer price index (CPI) data says about inflation tomorrow.

Tourism Holdings' bounce is NZX's big story of the day

12 October 2022 - Tourism Holdings surprised New Zealand’s market with new earnings guidance that pushed the company’s shares up by almost 7% and gave the index a boost as investors wait to see what’s revealed in new inflation data out of the US later this week.

Markets waiting for slew of US economic data

11 October 2022 - New Zealand’s market perked up a little today after yesterday’s sharp decline of 1.7%, but investors are still hanging back to see what the economic tea leaves reveal in US data this week.

US jobs figures weigh on NZ market; Pushpay surprises

10 October 2022 - Pushpay surprised New Zealand’s market with a late trading halt this afternoon before revealing the software company had received another “non-binding proposal” that it was continuing to assess.

Shares fall as global investors wait for US jobs data

7 October 2022 - New Zealand shares gave up a short-lived rally on Friday, falling ahead of the release of important employment data over the weekend.

Interest rates still talk of the town on NZ's market

6 October 2022 - After two days of Australasian monetary hikes, New Zealand’s market was still very much in an interest-rate frame of mind today, with added volatility from US markets overnight edging the market down by the end of the day's trading.

RBNZ goes with the flow with 50bp hike

5 October 2022 - The Reserve Bank of New Zealand (RBNZ) decided not to rock the boat and followed market expectations with a 50 basis point lift to the official cash rate by this afternoon – noting however it considered a 75-bps lift.

Reserve Bank of Australia hikes by 25 basis points

4 October 2022 - The Reserve Bank of Australia (RBA) has hiked rates by an expected 25 basis points, lifting its official cash rate to 2.6%, with the RBA governor warning that the central bank expects to increase interest rates further in the foreseeable period.

NZ's market zeros in on interest rates

3 October 2022 - New Zealand’s market faltered as bond yields rose globally and investors wait nervously to see how much the Reserve Bank of NZ (RBNZ) and Reserve Bank of Australia (RBA) will be hiking interest rates this week.

Currency volatility drives NZ market down

30 September 2022 - It’s been an eventful week for New Zealand’s market which was closed on Monday for the Queen Elizabeth Memorial Day holiday and then spent the rest of this week being bounced around by the tidal forces of global currencies.

Export stocks help pull NZ market up

29 September 2022 - New Zealand’s market rose today after battling several days of currency turmoil, with export stocks pulling the index into positive territory.

Property stocks pull market lower

28 September 2022 - Global markets drove weak sentiment into New Zealand’s market for a second day this week, with property stocks dragging the local market down further due to high swap rates.

NZ’s market falls almost 2% on global currency volatility

27 September 2022 - New Zealand’s market was closed yesterday for the Queen Elizabeth Memorial Day holiday but fell almost 2% today due to global volatility from stock and foreign exchange markets.

NZ’s market holds up against global headwinds

23 September 2022 - New Zealand’s market edged lower today but held up well compared to international markets, especially in response to the Bank of Japan’s surprise intervention to help its sinking currency.

NZ dollar hits pandemic lows

22 September 2022 - It was action stations across domestic and international markets today, with the US Federal Reserve (the Fed) deciding on a 75 basis-point interest-rate hike this morning, an announcement which sent the New Zealand dollar plummeting to its lowest point since March 2020.

Air NZ shares take flight

21 September 2022 - Air New Zealand shares flew up today after it released encouraging half-year earnings guidance in the range of $200 million to $275m.

NZ dollar hits 28-month low

20 September 2022 - The New Zealand dollar fell to an almost two-and-a-half year low while stocks had a mixed day in NZ’s market.

NZ market waits for Fed decision

19 September 2022 - It was quiet on New Zealand’s sharemarket today, with the index ending the day flat, as little corporate – or global – news and last week’s shock inflation data out of the US left investors pensive.

NZ shares fall; Air NZ shoots down merger talk

16 September 2022 - New Zealand's sharemarket lost further ground on Friday, having already suffered a significant fall on Wednesday when US inflation data was released.

Pushpay sinks almost 15% on rumours of sale failure

15 September 2022 - Church management software company Pushpay plunged almost 15% while NZ’s market ended the day flat – which was markedly better than yesterday when the index fell more than 1%.

Wall Street plunge sends NZ market and dollar spiralling

14 September 2022 - Global stock markets were awash with red ink overnight – which seeped into NZ’s market today – after US inflation data came in higher than forecast.

Property stocks edge down over new housing data

13 September 2022 - New Zealand’s stock market ended in the red as fresh house price data kept a lid on property stocks and retirement village operators.

Fonterra units jump as investors wait for GDP data to drop

12 September 2022 - New Zealand’s market rose today – thanks to positive sentiment from Wall Street on Friday – while Fonterra Shareholders’ Fund units jumped for a second day on the back of the dairy co-op raising its earnings guidance last week.

Fonterra's 'significant' upgrade happy surprise for NZ's market

9 September 2022 - The death today of Queen Elizabeth II – Britain’s oldest and longest-reigning monarch – brought tributes from across the world, but stock and currency markets globally remained largely unchanged.

NZ market starts to see pick-up in volume

8 September 2022 - New Zealand’s market jumped up today thanks to US stocks having a good rally overnight and it was the second day this week for NZ’s index to have a better than below average turnover, after over a week of very low volume traded.

NZ shares falter as US economy charges forward

7 September 2022 - New Zealand's headline share index fell on Wednesday following a decline on Wall Street after data showed the US services sector continued to grow during August despite higher interest rates.

RBA hikes cash rate by another 50 basis points

6 September 2022 - The Reserve Bank of Australia (RBA) hiked the cash rate up by a widely expected 50 basis points, with RBA governor Philip Lowe saying the Australian central bank remained committed to returning inflation to the 2-3% range.

'News vacuum' cause for quiet market

5 September 2022 - Both corporate news and trading were thin on the equities market today with many investors looking ahead and abroad to work out what comes next for the global economy.

NZ dollar lingers lower for another day

2 September 2022 - The New Zealand dollar spent another day below 61 US cents which is the first time the kiwi has traded so low against the greenback since mid-July.

NZ dollar dips as equities hit by post-earnings season blues

1 September 2022 - The New Zealand dollar today dipped below US61 cents for the first time since mid-July as currency traders weighed up risks and rewards in a global environment of soaring inflation and recession fears.

NZ shares fall on US interest rate rises

31 August 2022 - New Zealand's main share index dipped on Wednesday, following Wall Street indices which fell sharply overnight as central bankers talked up the prospect of higher interest rates.

Index heavyweights pull NZ market higher

30 August 2022 - New Zealand’s main equity index rose more than 1.2% today thanks to index heavyweight stocks having a good day paired with relief the earnings season is coming to an end.

A2 results pull shares into land of milk and honey

29 August 2022 - A2 Milk’s shares jumped into the land of milk and honey and rose almost 10% after the infant formula company revealed it had lifted its annual net profit by 52%, despite “challenging” market conditions.

NZ market flat after jam-packed earnings week

26 August 2022 - The biggest week of the earnings season is over, with company results pouring in from all sectors of the market, including telcos, property, energy and tourism.

Air NZ's results doesn't surprise the market

25 August 2022 - New Zealand company earnings continued at pace today as Air NZ, casino operator SkyCity Entertainment and television network Sky TV were amongst those that reported mixed results.

Spark's standout' result pulls market higher

24 August 2022 - Company results poured through New Zealand’s market today, with telco Spark helping to lift the index on the news of its strong results.

NZ’s market slumps on Wall Street worries

23 August 2022 - New Zealand’s market was down by more than 1% today following Wall Street having its worst day since June. The impact trickled into NZ’s market as soon as it opened this morning.

Energy stocks hike up NZ’s market

22 August 2022 - A lolly mixture of earnings results – ranging from petroleum, telecommunications and property – were released today but it was energy stocks that helped pull New Zealand’s market higher at the close.

F&P Healthcare drags market down with lower half-year profit expected

19 August 2022 - New Zealand’s market fell in tandem with Fisher & Paykel Healthcare shares after the healthcare products manufacturer said it expects its first-half revenue to drop by 26% and net profit to more than halve as covid-related sales continue to fade.

Auckland Airport’s outlook drags down shares

18 August 2022 - A fourth-quarter travel boom helped Auckland International Airport beat its own profit guidance with a net loss of just $11.6 million in the year ended June – but the market didn’t like the airport's vague and uncertain outlook for the year ahead and the stock dragged New Zealand index down by the end of the day.

Fletcher Building pulls market higher

17 August 2022 - Halfway through the first week of earnings season, Fletcher Building was the biggest news on the market today after the building materials and construction services company lifted its annual net profit by 42% and beat its own guidance for operating profit.

Mercury shares fall 3% after release of full year result

16 August 2022 - Energy company Mercury said it's on track for 15 straight years of dividend growth in its full year result today as the earnings season starts to warm up and New Zealand’s market ended the day in positive territory.

Contact Energy kicks off earnings season

15 August 2022 - New Zealand’s hotly anticipated earnings season kicked off today with electricity and gas supplier Contact Energy the first company to announce its full-year results to the expectant market.

NZ dollar rise pinches big exporters

12 August 2022 - Big exporters struggled on New Zealand’s benchmark index today thanks to the NZ dollar lifting against the greenback while the overnight fall from the tech-heavy Nasdaq also bled into technology stocks across the board..

NZ shares rise slightly on Wall Street optimism

11 August 2022 - New Zealand's benchmark share index rose today with optimism boosted by the strong performance on Wall Street overnight.

A2 shares plunge over FDA formula deferral

10 August 2022 - A2 Milk shares had a rough day and sank 11% earlier this morning on the news it wouldn’t be sending infant formula to the lucrative US market in the near future.

NZ shares rise on another quiet day

9 August 2022 - The New Zealand stock market (NZX) had a bit more skip in its step today, with the index moving into positive territory by end of the day's trading.

Countdown to earnings season puts NZ shares in limbo

8 August 2022 - New Zealand’s market dragged its feet today because the long-awaiting earnings season is just days away and investors aren’t keen to make any big moves until the listed companies’ earnings results are in.

NZ market looks to be in better heart

5 August 2022 - Investors stuck to the sidelines on Friday but look to be in better heart ahead of earnings season, with volumes showing some signs of life and the S&P/NZX 50 index adding 2% over the week.

Investors cheered by Briscoe's optimism for rest of the year

4 August 2022 - Briscoe Group’s optimism about the second half of the year brought investors through the doors while A2 Milk continued to benefit from speculation it's about to get a green light to send baby formula to the United States.

Higher unemployment spurs interest in NZX50

3 August 2022 - Investors continued to hone in on A2 Milk today after last night's flurry of speculation over its access to the US, while weaker jobs data had some analysts predict a slower pace of rate hikes, increasing the allure of companies offering reliable dividends

Speculative A2 Milk spike drags NZX50 higher

2 August 2022 - A2 Milk pushed the S&P/NZX 50 Index into positive territory in a late trading surge on speculation the milk marketing firm might get access to the US.

Pacific Edge shares plunge on risk of revenue loss

1 August 2022 - Pacific Edge shares sank by almost 50% on the possibility its cancer tests will no longer be covered by a major US health insurance company after the cancer diagnostic company’s trading halt was lifted as the market opened today.

Mainfreight shares rally for second day on US update

29 July 2022 - Mainfreight’s announcement yesterday that its US revenue increase of 41.4% to US$257.5 million ($408m) meant the logistic company’s stock rallied for a second day in the New Zealand share market (NZX).

Mainfreight’s shares jump

28 July 2022 - Mainfreight shares jumped today after the logistics company highlighted its success in the United States to shareholders at its annual meeting.

NZ Carbon units leap on ETS advice

27 July 2022 - Carbon Fund units jumped after the Climate Change Commission urged the government to tighten the emissions trading scheme.

Energy stocks decline across the board

26 July 2022 - Energy stocks all declined in New Zealand’s moody market today as investors wait to see what companies reveal to shareholders in the looming earnings season.

New Zealand shares fall as recession fears rise

25 July 2022 - New Zealand's benchmark share index declined on Monday as investors became concerned about growing recession risks facing the global economy.

Pacific Edge ends week on high

22 July 2022 - Cancer diagnostic company Pacific Edge's shares ended the week on a bright note as it continued its high-riding streak of recent days.

Pacific Edge rallies for second day on southern district health region deal

21 July 2022 - Pacific Edge led the New Zealand sharemarket higher for a second day on news the southern district health region would adopt its cancer test.

Pacific Edge leads NZ shares higher

20 July 2022 - Pacific Edge led New Zealand's sharemarket higher on Wednesday after it reported volume numbers for its cancer test increased 32% on the same quarter last year.

NZ shares trade sideways during school holidays

19 July 2022 - New Zealand’s benchmark equity index remained unchanged on Tuesday in a second day of light trading, with many market participants away during school holidays.

NZ shares shake off inflation scare

18 July 2022 - New Zealand's benchmark share index moved higher on Monday, despite inflation data showing prices had risen more in the June quarter than many had expected. 

NZ shares fall as China growth slows

15 July 2022 - New Zealand's main share index dipped on Friday after data showed China's economy shrunk in the second quarter of the year, hampered by widespread covid lockdowns.

NZ shares climb as investors absorb inflation data

14 July 2022 - New Zealand's sharemarket lifted on Thursday, despite US inflation data coming in hot and prompting discussion of the Federal Reserve hiking rates by 100 basis points. 

NZ market not bothered by RBNZ hike

13 July 2022 - New Zealand’s market wasn’t surprised by the Reserve Bank of NZ (RBNZ) lifting the official cash rate by 50 basis points to 2.5% – but the dollar still dropped slightly following the announcement.

Spark shares jump after selling 70% of TowerCo for $900m

12 July 2022 - An American pension fund company snapping up 70% of TowerCo in a $900 million deal with Spark helped lift the company's shares on the equities market today – but the general mood was still subdued ahead of the Reserve Bank of New Zealand’s monetary policy announcement tomorrow.

Shares drop as investors wait for RBNZ decision

11 July 2022 - Investors’ fear of missing out (FOMO) last week did not make an appearance in the benchmark share index today as the markets wait on the Reserve Bank of New Zealand’s monetary policy decision on Wednesday.

Eroad shares pick up speed for second day in a row

8 July 2022 - Fleet management company Eroad was one of the biggest gainers in the market today, with its share price up 49% from last week when it fell to its lowest share price ever.

Eroad shares on the road to recovery

7 July 2022 - Fleet management company Eroad's shares rose 13% on New Zealand’s index today as the US Federal Reserve outlined its stance to take on inflation no matter what.

Strong day on sharemarket

5 July 2022 - Big gun stocks do the heavy lifting.

NZ shares start second half of the year more positively

4 July 2022 - New Zealand’s benchmark share index rose on Monday thanks to positive sentiment flowing through from US markets over the weekend.

NZ stock market finishes first half of 2022 down 18%

1 July 2022 - New Zealand shares generally fell on the last trading day of the first half of 2022 and the benchmark equity index closed down more than 18% in the past six months.

Eroad shares fall to all-time low

30 June 2022 - New Zealand’s benchmark index dipped today as fleet management company Eroad tumbled to a record low.

NZ shares fall as market rally evaporates

29 June 2022 - New Zealand's headline share index fell on Wednesday as a global equity rally that started the week lost momentum with investors unwilling to bid up stocks ahead of an economic slowdown.

Sleepy day for NZ shares

28 June 2022 - Lethargy seeped into New Zealand’s benchmark index today following global markets lacking energy overnight – but shares still managed to push the local index up by the end of the day.

NZ sharemarket rebounds with Wall Street rally

27 June 2022 - New Zealand shares bounced on Monday, following a rebound on Wall Street over the weekend on the expectation that interest rates wouldn’t go as high as some had thought.

Index heavyweights do the heavy lifting

23 June 2022 - New Zealand's benchmark index rose on Thursday – the day before NZ celebrates Matariki as a public holiday for the first time – thanks to index heavyweights pulling the market higher.

NZ shares fall as Eroad near all-time low

22 June 2022 - New Zealand's sharemarket declined on Wednesday, with fleet management company Eroad falling to just 10 cents above its all-time lowest share price.

NZ shares rise as recession fears ease

21 June 2022 - New Zealand's benchmark index had a positive bounce today as investors' concern about an impending recession receded slightly.

NZ shares flat as recession risk puts investors off trading

20 June 2022 - New Zealand's sharemarket was flat on Monday with very light volume traded through the market as US markets closed tonight for the Juneteenth holiday.

Cautious trading follows week of share market turmoil

17 June 2022 - New Zealand’s benchmark index had a slightly subdued end of the week after yesterday’s US Federal Reserve’s largest interest rate increase in almost 30 years made investors take flight at the prospect of future hikes.

NZ share market climbs as US Federal Reserve hikes interest rates

16 June 2022 - New Zealand shares rose slightly on Thursday as investors bought back into risk assets after the Fed, the American central bank delivered a 75 basis-point rate increase.

NZ shares stabilise as US Fed meets

15 June 2022 - New Zealand shares found a steady footing on Wednesday after two days of dramatic declines and ahead of central bankers in the United States meeting to decide rate increases.

Bear market territory causes benchmark index to plummet almost 3%

14 June 2022 - New Zealand’s benchmark equity index had its biggest single-day fall since February, when the market fell 3.3% in reaction to Russia invading Ukraine.

US inflation data sends share markets into a 'tailspin'

13 June 2022 - New Zealand’s benchmark equity index dropped sharply as hot inflation data sent investors rushing to sell shares ahead of further interest rate hikes.

NZ shares slip as US inflation data looms

10 June 2022 - New Zealand's sharemarket declined on Friday as the local trading week came to a close before the release of US inflation data, which is due to come out later on Friday night.

RBA's surprise hike continues to pinch bank stocks

9 June 2022 - The Commonwealth Bank of Australia's cut to its gross domestic product (GDP) outlook prompted bank shares to slide down the index today, with the Australian reserve bank’s surprise 50-basis point hike flowing into New Zealand’s market for a second day.

Fonterra shares jump after share buyback programme announced

8 June 2022 - Yesterday’s shock Reserve Bank of Australia’s 50 basis point hike took everyone by surprise, with a flow-on effect in New Zealand’s benchmark index today, while Fonterra’s announcement of a new share buyback programme hiked the stock.

NZ shares fall as Sky TV shows its hand

7 June 2022 - New Zealand shares fell on Tuesday as investors returned from the long weekend to find Sky Network Television was more likely to make an acquisition than be bought out themselves.

NZ shares rise as 'bad news is good news'

3 June 2022 - New Zealand's benchmark share index rose with US markets which appear to be expecting weak job data overnight that could make the Federal Reserve (Fed) think twice about aggressive rate hikes.

NZ shares follow global markets movements

2 June 2022 - New Zealand’s main share index moved down in tandem with international markets as technology, banking and healthcare shares slipped with investors still wary about more potential interest rate hikes.

Pacific Edge leads NZ shares higher

1 June 2022 - New Zealand's main share index rose on Wednesday after Pacific Edge announced a US healthcare provider would now be able to order its cancer test more quickly and easily.

a2 Milk drives NZ shares higher

30 May 2022 - New Zealand's benchmark equities index rose on Monday as the United States looked down under for solutions to its critical shortage of infant formula, sending A2 Milk up more than 10%.

NZ shares slide into the weekend

27 May 2022 - New Zealand’s benchmark equity index fell marginally on Friday, bringing the full week decline to roughly 1.8%.

NZ shares fall as earnings disappoint

26 May 2022 - New Zealand's benchmark share index declined on Thursday as earnings reports from Eroad, Rakon, and Pacific Edge failed to impress investors.

F&P Healthcare drags NZX 50 lower

25 May 2022 - New Zealand’s benchmark equity index fell on Wednesday as its largest stock, Fisher & Paykel Healthcare, slipped almost 4% and the central bank said it would raise interest rates further.

NZ shares fall even as Pushpay climbs

24 May 2022 - New Zealand's main share index fell on Tuesday as declines among large companies more than offset a $200 million increase in Pushpay’s market value following takeover bid updates.

AFT leads NZ shares higher

23 May 2022 - AFT Pharmaceuticals led New Zealand’s share market higher after its new painkiller helped double the company’s annual net profit.

Positive earnings lift NZ sharemarket

20 May 2022 - Strong local earnings reports boosted New Zealand's benchmark equity index on Friday, even as global markets wobbled.

US dive brings down NZ stocks

19 May 2022 - New Zealand's headline share index slipped on Thursday after key indices on Wall Street plunged overnight, after another big retailer reported poor earnings and set recession alarms ringing.

Meridian leads NZ stocks higher

18 May 2022 - New Zealand shares generally rose on Wednesday following a rally on Wall Street overnight and boosted by a strong performance from NZ electricity stocks.

NZ shares slide on recession risk

17 May 2022 - New Zealand shares edged lower with investors unable to shake growing concerns the global economy is headed towards a recession.

NZ shares fall as Ryman drops 7%

16 May 2022 - New Zealand's main share index moved lower on Monday as Ryman Healthcare fell out of a key index, even as global markets had a bounce after recent weakness.

NZ and Aussie dollars drop to two-year low

13 May 2022 - It’s been a long week in the investment world as international markets struggled against rising interest rates and inflation fears which seeped through to drag down New Zealand’s benchmark index for another day – just as the kiwi dollar reached a two-year low.

Hot inflation sends shares lower

12 May 2022 - New Zealand shares slid half a percent as the United States consumer price index data showed inflation is still running hotter than many had hoped.

NZ shares stabilise after slide

11 May 2022 - New Zealand shares found some solid ground on Wednesday as some investors stepped in to buy stocks that had been brutally sold off over the past few days.

NZ stocks struggle against dismal international headwinds

10 May 2022 - New Zealand’s main share index struggled through another day but didn’t come out on top due to relentless headwinds from international markets.

Shares tumble as China tightens lockdown

9 May 2022 - New Zealand's share market had another sharp fall on Monday as investors worried the escalating lockdown in China could prompt a recession in the key export market.

NZ shares had a bad hangover after a rough night globally

6 May 2022 - International markets had a bad night which meant most stocks on New Zealand’s benchmark index got out of the wrong side of the bed when early trading opened this morning and went downhill from there.

NZ shares rise as Fed rate hike misses the mark

5 May 2022 - It was a busy day for New Zealand’s stock market as stocks rallied after the US Federal Reserve’s rate hike.

Investors stick to sidelines ahead of ‘colossal’ Fed meeting

4 May 2022 - NZ’s benchmark equity index finished Wednesday virtually unchanged with investors unwilling to make moves before the US Federal Reserve meeting tomorrow.

IkeGPS snatches NZX top spot; RBA rate hike surprises

3 May 2022 - IkeGPS had the largest rise on New Zealand's stock market after signing contracts worth $26 million, while real estate stocks struggled after the Reserve Bank Australia hiked its target cash rate from 0.1% to 0.35% – surpassing nervous investors expectations.

NZ shares follow US fall

2 May 2022 - New Zealand shares generally fell on Monday as investors in the Pacific caught up with the sell-off that hit US markets on Friday night.

NZ shares tread water

29 April 2022 - New Zealand's headline share index edged up eight points on Friday but finished the week almost unchanged as wary investors waited for US earnings and a Federal Reserve meeting.

Relief rally sweeps NZ sharemarket

28 April 2022 - New Zealand shares followed US markets higher after a strong set of corporate earnings gave investors a confidence boost.

Pushpay recovery comes to a halt as global woes dent local market

27 April 2022 - There were few winners and many losers on New Zealand’s benchmark index today, as investors angst over everything from geopolitical tension, oil prices, and international markets meant NZ companies from nearly every sector felt the pinch.

NZ shares struggle as Pushpay finds a suitor

26 April 2022 - Pushpay’s surprise boost from a takeover tilt today wasn’t enough to pull New Zealand’s benchmark index out of its slump with a number of heavyweight companies dragging it down.

King Salmon shares jump out of the water

22 April 2022 - New Zealand shares generally fell on Friday, but NZ King Salmon raced in the opposite direction as its shares detached from the right to participate in its upcoming capital raise.

Markets unmoved by record inflation

21 April 2022 - New Zealand's main share index was largely unchanged on Thursday as a market rally was immediately halted by investors either taking the chance to sell or being spooked by a weak Netflix result.

F&P Healthcare bounces from 2-year low

20 April 2022 - New Zealand shares climbed on Wednesday as the benchmark equity index’s largest stock, Fisher & Paykel Healthcare, recovered from its recent two year low.

NZ shares near month low; dollar at 2-month low

19 April 2022 - New Zealand's headline share index fell half a percent as investors returned from the long weekend and sold shares ahead of inflation data that is expected to run hot this Thursday.

Shares rise as investor try to pick inflation peak

14 April 2022 - New Zealand shares were up on Thursday, following a more positive mood globally as some investors predicted inflation was at its peak and would recede.

Double trouble for markets as RBNZ hikes rates

13 April 2022 - New Zealand investors had a jolt this afternoon when the Reserve Bank dished up a double helping of interest rate hikes, bringing the official cash rate to 1.5%.

Inflation sends shares sliding

12 April 2022 - New Zealand's benchmark share index fell on Tuesday as investors worried about inflation ahead of the Reserve Bank of NZ’s monetary policy decision tomorrow.

NZ shares fall on interest rate risk

11 April 2022 - New Zealand shares generally fell Monday with inflation and high interest rates top of mind as investors braced for US inflation data and central bank meetings in NZ and Europe.

Two small shares add some market drama

8 April 2022 - New Zealand's  sharemarket finished the week flat as Eroad tumbled after an executive resignation and My Food Bag bounced on a revenue increase.

Air NZ shares and rights slip

6 April 2022 - New Zealand's benchmark share index dipped lower on Wednesday as investors sold Air New Zealand shares and rights in high volumes.

Musk’s Twitter buy boosts local tech stocks; Air NZ takes off

5 April 2022 - Elon Musk’s Twitter buy even made waves on the NZ stockmarket.

NZ shares fall as Air NZ goes ex-rights

4 April 2022 - New Zealand headline share index fell Monday, led lower by Air New Zealand which fell sharply as shares lost the right to participate in the capital raise at a discounted price.

Air NZ retains altitude as investor buy into raise

1 April 2022 - Retail investors appear to be supportive of the airlines recovery plan.

NZ shares steady despite Air NZ's descent

31 March 2022 - New Zealand's sharemarket was flat on Thursday, even though Air NZ fell to a two-year low after announcing its deeply discounted capital raise.

NZ shares rally under shadow of Air NZ capital raising

30 March 2022 - New Zealand shares joined a global rally as investors grew increasingly optimistic about the prospect of peace in Ukraine, against the local backdrop of Air NZ’s upcoming billion-dollar capital raising.

F&P Healthcare breaks five day market decline

29 March 2022 - The NZX 50 edged up today as Fisher & Paykel Healthcare broke its five-day decline and oil prices sank 7% overnight.

F&P Healthcare continues to weigh on NZX50

28 March 2022 - Fisher & Paykel Healthcare fading share price continued to weigh on New Zealand’s share market as investors remain wary of its outlook.

NZ shares finish week down 1%

25 March 2022 - New Zealand's benchmark share index was up on Friday but not enough to erase the week's losses. NZME led the market after it struck a preliminary deal for Google to pay for some of its news content.

F&P Healthcare falls for second day

24 March 2022 - New Zealand's sharemarket dipped on Thursday as Fisher & Paykel Healthcare suffered another day of decline after providing earnings guidance yesterday morning.

F&P Healthcare sends NZX 50 lower as covid restrictions lift

23 March 2022 - Fisher & Paykel Healthcare dragged New Zealand’s benchmark equity index lower on Wednesday as it warned revenue would be reduced as covid comes under control.

Shares rise as bond yields surge

22 March 2022 - New Zealand's sharemarket gained on Tuesday as a selloff in bond markets pushed yields to multi-year highs.

NZ shares flat as market stabilise

21 March 2022 - New Zealand’s benchmark index was unchanged on Monday with investors cautiously optimistic about the prospect of peace in Ukraine and unfazed by hawkish central banks.

Pushpay leads NZ shares higher

18 March 2022 - New Zealand's sharemarket finished the week up more than 2.5% as equity markets begin to recover from Ukraine crisis lows.

Markets buoyed by Russia/Ukraine peace talks

17 March 2022 - New Zealand's headline share index climbed in unison with US markets after the Federal Reserve delivered a widely expected interest rate hike and peace talks between Russia and Ukraine made progress.

NZ shares gain on open border and cheaper oil

16 March 2022 - New Zealand shares climbed on Wednesday after the government announced an earlier partial border reopening and oil prices took another fall.

Pumping oil prices stall market

15 March 2022 - New Zealand shares were mixed on Tuesday ahead of an interest rate hike in the United States tomorrow and as oil prices dropped.

Travel stocks jump on hastened border opening

14 March 2022 - New Zealand shares were generally flat on Monday with travel stocks climbing after the prime minister signalled the border would open to tourists ahead of schedule.

Inflation hacks share prices

11 March 2022 - New Zealand's main share index finished the week down almost 3% as inflation hit a 40 year high in the US, all but guaranteeing the Federal Reserve will hike interest rates next week.

NZ shares rally as oil prices retreat

10 March 2022 - New Zealand shares followed a global rally Thursday as oil prices retreated, and Ukraine’s president said one of Russia’s negotiating demands could be met.

NZ shares stabilise as buyers bag bargains

9 March 2022 - New Zealand shares got some respite today snapping a four-day decline which saw the benchmark index drop more than 4%.

Stagflation fear sends NZ shares sliding

8 March 2022 - New Zealand shares tumbled on Tuesday as short-dated government bond yields hit new highs after ANZ Bank predicted the official cash rate could be doubled by May.

NZ shares slide as oil prices spike

7 March 2022 - New Zealand's sharemarket started the week with a sharp drop as investors woke up to oil prices at their highest levels since 2008, spelling trouble for global growth.

Growth stocks lead NZX 50 lower

4 March 2022 - New Zealand's share market fell half a percent Friday, but the benchmark equity index still finished the week up 1.8% as it bounced back from a sell-off when Russia first invaded Ukraine.

NZ shares jump on slow rate hikes

3 March 2022 - New Zealand shares rallied with global equity markets after the chair of the US Federal Reserve said he supported raising interest more slowly because of the Ukraine crisis.

NZ shares seesaw and investors buy bonds

2 March 2022 - New Zealand's sharemarket rally stalled today as investors, particularly in Europe, sold stocks and bought government bonds

NZ shares snap back after shock of war

1 March 2022 - New Zealand's sharemarket picked up on a last-minute Wall Street surge and continued its resilient rally which has lifted the benchmark equity index recovery almost 4% in the past three days.

‘Impressively resilient’ NZX 50 up 0.3%

28 February 2022 - New Zealand's headline share index started the week with small gains while US markets signalled a fall tonight after harsher sanctions were imposed on Russia over the weekend.

Mother of all reversals on NZX today

25 February 2022 - New Zealand shares bounced dramatically from Thursday’s selloff as investors speculated the worst economic sanctions had been taken off the table and markets had been oversold.

NZ shares plunge as Putin invades Ukraine

24 February 2022 - New Zealand shares tumbled on Thursday after Russian President Vladimir Putin ordered a military operation in Ukraine which may be the beginning of a full-scale invasion.

NZ equities shrug off bond rally and war threat

23 February 2022 - New Zealand’s central bank today increased the official cash rate to 1% and signalled it would likely climb to 3.5% in the next three years.

NZ shares fall as Russia recognises separatist regions

22 February 2022 - New Zealand shares fell on Tuesday as Russia recognised two Ukrainian regions as independent states, which has been interpreted as creating an excuse for an invasion.

a2 Milk shares push NZX 50 higher

21 February 2022 - A2 Milk’s improved outlook helped New Zealand’s benchmark equity index eke out a small gain, even as other stocks fell on fears of a possible war in Ukraine.

NZ shares down, Russian threat remains

18 February 2022 - New Zealand's headline share index followed global markets lower as investors lost their optimistic view that Russia might be backing away from the Ukrainian border.

NZ shares prosper on strong earnings

17 February 2022 - New Zealand's sharemarket continued to rally with strong earnings results, and less focus on geopolitics, alluring buyers into the market.

NZ shares rise as Fletcher Building hikes forecast

16 February 2022 - Fletcher Building led the local market higher after beating earnings expectations, while global indices rallied on the perception Russia may be walking back its Ukraine threat.

NZX 50 dips 10 points; Infratil climbs

15 February 2022 - New Zealand's headline share index dipped in concert with global markets which have generally been weaker over fears of monetary policy changes and a possible Russian invasion of Ukraine.

Hot inflation sends NZ shares falling

11 February 2022 - New Zealand shares took another downward turn after data released in the United States showed inflation was still running hot and could trigger a 50-basis point rate hike by the US Federal Reserve in March.

Earnings starts strong but NZX 50 falls

10 February 2022 - New Zealand's main share index edged lower on Thursday as earnings season kicked off with a strong result from Vulcan Steel, with some larger stocks weighing on the benchmark.

NZ shares step higher ahead of earnings

9 February 2022 - Software stocks led New Zealand shares higher on Wednesday after the US Nasdaq Index rose 1% overnight as its technology stocks stabilised.

Travel stocks up as Aussie reopens

8 February 2022 - New Zealand’s benchmark equity index finished Tuesday almost unchanged despite some tourism stocks jumping after Australia announced it would fully reopen its borders this month.

NZ tech stocks slide on Meta's mega miss

4 February 2022 - New Zealand's main share index fell with global equities as shares in Facebook owner Meta dropped 25% and central banks in Europe started tightening monetary policy.

Travel stocks up as NZ border reopens

3 February 2022 - Travel stocks rose higher in local trading as the government announced it would begin to reopen the borders, although omicron still threatens to disrupt the sector.

Mainfreight shares hit $90 as market bounces

2 February 2022 - New Zealand's sharemarket lifted almost 2% on Wednesday as the benchmark equity index continues to bounce back from the worst start to the year since 2008.

Bargain hunters drive NZ shares higher

1 February 2022 - New Zealand's sharemarket rallied in earnest on Tuesday as investors concluded that equities had been oversold and rushed to buy at deflated valuations.

NZ shares bounce from sell-off

31 January 2022 - New Zealand's sharemarket had a slight bounce on Monday having fallen almost 10% in the first month of 2022 as inflation spooked global markets.

NZX 50 index drops below 12,000 points

28 January 2022 - New Zealand's main share index plunged almost 200 points to its lowest level since October 2020 as investors ditch stocks across the board in response to rising interest rates.

Shares fall as inflation heats up

27 January 2022 - New Zealand's main share index took yet another tumble on Thursday as inflation rose to its highest level in three decades and the US central bank offered very little detail on its future policy.

NZ shares up as Fed meeting looms

26 January 2022 - New Zealand's main share index edged higher as tomorrow’s Federal Reserve meeting and local inflation data release loomed over the market.

A2 Milk jumps 6% as market falls

25 January 2022 - New Zealand's headline share index fell for a fifth consecutive session on Tuesday, but A2 Milk was lifted from a five-year low by rumours it could be a takeover target for a Canadian dairy firm.

Sharemarket doesn't like NZ's omicron outbreak

24 January 2022 - New Zealand shares and the kiwi dollar fell on Monday as investors eye up whether the spreading omicron outbreak will prompt the US Federal Reserve to signal faster and steeper interest rate hikes on Thursday.

NZ shares finish shocker week down 3.5%

21 January 2022 - New Zealand shares fell on Friday as the local market continued to follow the US which has been falling precipitously ahead of interest rate hikes pencilled in for March.

Investors brace for omicron

20 January 2022 - New Zealand shares fell on Thursday as investors prepared for an outbreak of covid’s omicron variant, which is widely considered to be imminent with many cases arriving in managed isolation.

NZ shares routed as ANZ forecasts OCR to hit 3%

19 January 2022 - New Zealand shares fell sharply, and bond yields surged to multi-year highs after ANZ Bank predicted the Reserve Bank would hike the official cash rate all the way to 3%.

IkeGPS up 8% on contract extension

18 January 2022 - New Zealand shares finished the day virtually unchanged with little volume traded through the market, but IkeGPS jumped 8.2% after extending a customer contract.

NZ shares climb in light trading

17 January 2022 - New Zealand shares edged higher in very light trading with US markets closed until Tuesday night for Martin Luther King Day.

First full week of 2022 share trading negative

14 January 2022 - New Zealand shares finished their first full week of trading down approximately 1.5% as US markets got the jitters over the prospect of interest rate hikes as soon as March.

Serko bounces from low with inflation data 'not too hot'

13 January 2022 - New Zealand shares moved marginally higher as US inflation data matched expectations and Serko bounced back from a harsh sell-off.

NZ shares fall as Serko hits 10-month low

12 January 2022 - New Zealand shares fell marginally as an overnight bounce on Wall Street failed to buoy the local index, which was again led lower by riskier stocks.

NZ shares fall as investors face up to inflation 'bogeyman'

11 January 2022 - New Zealand shares fell for a third consecutive session as international investors continue to sell risk assets in the expectation the US central bank will soon tighten monetary policy.

NZ shares flat as investors wait for job data

7 January 2022 - New Zealand shares finished the day little changed after being caught up in a global sell-off yesterday when traders interpreted the US Federal Reserve’s meeting minutes as being hawkish.

NZ tech stocks hit hard as US Fed signals rate hikes

6 January 2022 - New Zealand shares tumbled with Wall Street indices after United States Federal Reserve meeting minutes suggested the central bank might need to raise rates sooner than expected.

Infratil boosts NZX 50 in first session of 2022

5 January 2022 - Infrastructure investment firm Infratil led the benchmark equity index higher in the first trading day of the year after one of its key assets had its valuation boosted 15%.

NZ shares break nine-year winning streak

31 December 2021 - The New Zealand stock market slipped 0.4% in 2021, ending a nine-year positive streak as future earnings look to be increasingly in doubt.

NZ shares, kiwi push higher in light holiday trading

30 December 2021 - The New Zealand dollar and the local stock market pushed higher in light trading on the second to last trading day for 2021.

Michael Hill storms higher on positive earnings upgrade

29 December 2021 - A strong trading update for Michael Hill International provided some post-Christmas cheer as investors returned from the holiday break in a positive mood.

ComCom has concerns over Ampol's Z bid

24 December 2021 - Z Energy shares slid after the Commerce Commission reiterated concerns about Ampol’s $2 billion takeover of the company.

Flat day for the NZX50 as negative year beckons

23 December 2021 - New Zealand’s sharemarket is petering out in the run-up to the Christmas break and faces its first negative year in a decade as investors continue to grapple with the latest twists and turns of the covid-19 pandemic.

Ebos drags NZX50 higher as healthcare stocks find favour

22 December 2021 - Ebos Group led the S&P/NZX 50 Index higher as healthcare stocks found themselves in favour as the omicron variant of covid-19 has investors pondering the next step in the pandemic.

Exporters rally as omicron tames kiwi

21 December 2021 - Export companies were among the day’s winners on the local stock market as a weaker New Zealand dollar offered a boost at a time when inflation is rearing its head.

NZ shares outperform as omicron looms over Asia

20 December 2021 - New Zealand's sharemarket was the standout across Asia, with Fisher & Paykel Healthcare the top performer as the omicron variant of covid-19 keeps investors nervous about another round of lockdowns.

Eroad shares surge as it joins NZX 50

17 December 2021 - Fleet management company Eroad shares jumped 8% as it was added to New Zealand’s benchmark index after growing its market valuation by $165 million in the past year.

NZ shares down as US Fed signals hikes

16 December 2021 - The US Federal Reserve’s signal it would hike interest rates and data showing the local economy shrank 3.7% in the September quarter helped push the NZ sharemarket lower.

Shares dip ahead of US Fed meeting

15 December 2021 - Investors sent the New Zealand sharemarket's headline index down on Wednesday as they awaited the outcome of the world’s most important central bank meeting in the United States overnight.

NZ shares retreat from rally

14 December 2021 - New Zealand's main index today gave back half of yesterday’s rally as investors waited for a raft of central bank meetings and key data releases.

NZ shares up with inflation 'not too hot'

13 December 2021 - News that inflation is on the rise in the United States did not dampen the local sharemarket with investors feeling the result was not as bad as it could have been.

Big acquisitions lift NZX 50

10 December 2021 - Business acquisitions by two of the sharemarket’s top stocks helped the NZX50 end the week with a small gain.

NZ shares settle down after rally, Fonterra units jump

9 December 2021 - New Zealand shares gave back some of yesterday’s sudden rally, following the whims of global markets with little local news to trade on.

NZ shares come roaring back

8 December 2021 - New Zealand shares chased Wall Street higher as a sudden turnaround in market sentiment sent key international indices up as much as 2% overnight.

Sky TV leads NZX 50 higher

7 December 2021 - New Zealand's headline share index was little changed even as some positive sentiment returned for investors waiting nervously for more hard data on omicron.

Frothy markets simmer down

6 December 2021 - New Zealand's main share index fell on Monday after highly valued global stocks and cryptocurrencies traded lower over the weekend in anticipation of US rate hikes and in fear of omicron.

Shares close unchanged; Napier Port booted from NZX 50

3 December 2021 - The New Zealand sharemarket was virtually unchanged on Friday with the benchmark equity index making a 0.4% gain this week despite starting it with a 1.5% fall due to omicron.

Omicron in the US hits market

2 December 2021 - New Zealand's sharemarket fell in sync with Wall Street which took a last-minute dive in the early hours of Thursday morning after the first case of omicron was found in the US.

Omicron and inflation risks flatten share market

1 December 2021 - New Zealand shares held steady as a strong gain from Synlait Milk offset global market jitters after the US Federal Reserve chair said the risk of high inflation could see the bank tighten policy.

NZ shares bounce from omicron sell-off

30 November 2021 - New Zealand's main share index rose as investors shook off the sense of panic over a potential dangerous covid variant and as the MSCI equity indices completed their quarterly rebalancing.

Omicron ordeal knocks NZ index 200 points

29 November 2021 - New Zealand shares recovered from a shock open after falling almost 200 points in the first half-hour of trading as investors reacted to the omicron covid variant.

Nu-covid sends shares tumbling

26 November 2021 - New Zealand shares plunged in one of the sharpest declines this year as news of a new covid variant spooked investors around the world.

F&P Healthcare props up NZX50

25 November 2021 - New Zealand's main share index edged up on Thursday despite mixed sentiment and as Fisher & Paykel Healthcare surprised with half-year revenue holding steady.

Stock market rallies as RBNZ eases rates higher

24 November 2021 - Pressure came off financial markets Wednesday afternoon after the central bank moved the official cash rate up 25-basis points, rather than the 50-point hike markets had been fearing.

Shares slump as rate hike looms

23 November 2021 - New Zealand's headline share index dropped on Monday as investors braced themselves for the Reserve Bank to hike the official cash rate later this week.

Ryman Healthcare leads market lower

19 November 2021 - New Zealand shares finished the week on a weak note with Ryman Healthcare leading the market lower after reporting half-year earnings.

NZ shares slide as inflation expectations jump

18 November 2021 - New Zealand’s sharemarket dipped again on Thursday as a Reserve Bank survey showed inflation expectations for the next two years had jumped to just under 3%.

NZ sharemarket lower as Plexure falls 13%

17 November 2021 - The main New Zealand share index fell on Wednesday with mobile marketing firm Plexure posting a significant drop after it reported a hefty half-year loss this morning.

Market Close: Electricity stocks fall as interest rates rise

16 November 2021 - Energy utilities helped edge the New Zealand sharemarket lower as market interest rates climb and devalue dividend-focused stocks.

NZ shares bounce back from bad week

15 November 2021 - New Zealand shares generally rose Monday as they bounced back from a 1.3% fall last week led by Pushpay and A2 Milk.

Pushpay pushes market down

12 November 2021 - Pushpay Holdings led the New Zealand share market lower as it took another sharp dive to its lowest price since May last year.

Mainfreight holds the line as bond yields jump

11 November 2021 - New Zealand's main share index was unchanged on Thursday as local bond yields hit new highs after US inflation data reached a 30-year high and sent market interest rates soaring.

NZ shares fall as Pushpay touches 12-month low

10 November 2021 - New Zealand's headline share index fell on Wednesday as Pushpay Holdings tumbled 13% after it gave a soft half-year earnings report and a poorly received analyst call.

NZ shares up as earnings results loom

9 November 2021 - New Zealand's benchmark share index climbed as the stocks that drove a decline yesterday bounced back as investors jostled for position ahead of earnings updates this month.

NZX 50 falls as F&P Healthcare slips

8 November 2021 - New Zealand shares were mixed on Monday with more stocks climbing than falling, however, declines from some of the largest listed companies dragged the benchmark index lower.

Global central banks keep rates low

5 November 2021 - New Zealand shares rose with overseas markets after both the US Federal Reserve and the Bank of England held interest rates low.

Property stocks pull NZX 50 lower

4 November 2021 - Every property stock listed on the NZX fell today after Precinct Properties told shareholders that rent abatements were costing about $500,000 per week or 3% of its rental income.

Markets muted after ‘ridiculous’ employment data

3 November 2021 - Financial market participants were taken by surprise today as labour data for the September quarter showed the strongest employment statistics since the global financial crisis.

NZ shares lower as RBA scraps rate targets

2 November 2021 - Westpac Bank led NZ shares lower for a second day after it reported weakening margins; meanwhile, the Reserve Bank of Australia scrapped its interest rate guidance.

NZX 50 falls as Westpac's margin tanks

1 November 2021 - New Zealand's headline share index started November with a decline, having already dropped 1.3% in October, with Westpac Bank leading the market lower on a depressing earnings result.

NZX 50 finishes month on a high

29 October 2021 - New Zealand shares climbed in a broad rally on high trading volumes as investors rebalanced portfolios on the last trading day of October.

Inflation pushes bond yields to new high

28 October 2021 - New Zealand shares were generally lower Thursday as market interest rates climbed to new highs after surprisingly strong inflation data in Australia increased the odds of interest rate hikes.

NZX falls on A2's weak margins

27 October 2021 - A2 Milk led the New Zealand sharemarket lower as investors sold shares after a disappointing investor day revealed the infant formula exporter would likely have low profit margins for the foreseeable future.

Synlait shares slump on record milk price

26 October 2021 - New Zealand's headline share index dipped after Fonterra announced it would likely pay the highest farmgate milk price in the history of the cooperative, pushing up production costs for dairy processors.

NZX50 limps into Labour weekend

22 October 2021 - The local stock market limped into the three-day weekend as investors try to decipher what the 90% vaccination target means for the wider economy.

Second class suit stops A2 in its tracks

21 October 2021 - A2 Milk's shares dropped after reports of a second class action took the wind out of the firm’s sails in a largely flat market.

Frothy A2 Milk extends gain as investors find faith in daigou

20 October 2021 - A2 Milk led the local stock market higher as it extended its gain so far this month to 19.4% as investors' confidence in China’s informal daigou market recovers.

Investor nerves steadied at Fletcher, Ebos AGMs

19 October 2021 - Solid outlooks from Fletcher Building and Ebos Group at their respective annual meetings helped steady New Zealand’s stock market after yesterday’s unexpectedly strong inflation data had traders pricing in more aggressive interest rate hikes.

Kiwi flies on stonking inflation

18 October 2021 - The New Zealand dollar climbed about half a US cent after inflation data ratcheted up pressure on the Reserve Bank of NZ (RBNZ) to raise interest rates more aggressively.

Passive funds sell millions of Contact and Meridian shares

15 October 2021 - New Zealand's main share index fell as more stocks were added to a clean energy index prompting offshore passive funds to sell millions of shares in Contact and Meridian.

a2 climbs as short sellers scared off

14 October 2021 - A2 Milk led the New Zealand share market higher for a second day after a positive earnings report from a competitor scared short sellers into closing their positions.

a2 shares spike as daigou returns

13 October 2021 - Shares in a2 Milk jumped 12% after a competitor reported massive improvement to its sales through the daigou channel, sparking hope that a2 could report the same thing.

5th day of falls on the sharemarket

12 October 2021 - New Zealand's headline share index fell for a fifth consecutive day as bond yields marched higher and electronic card spending was weaker than expected last month.

Z Energy jumps but index suffers from ‘endemic covid’

11 October 2021 - Shares in fuel retailer Z Energy jumped almost 7% on an improved takeover bid, while the rest of the market declined on data which suggests endemic covid is slowing US jobs recovery.

NZ shares slip as investors sell yield stocks

8 October 2021 - New Zealand's main share index fell slightly as investors sold interest-rate sensitive stocks and bought economically sensitive stocks. Meanwhile, BNZ abandoned predictions the NZ dollar would climb.

Dairy stocks lead NZX 50 lower

7 October 2021 - New Zealand's headline share index declined for the third consecutive session as higher interest rates and negative market sentiment continue to weigh on equity valuations.

Shares and dollar fall as RBNZ pulls the trigger

6 October 2021 - Equity assets and the kiwi dollar slumped as the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate for the first time in seven years.

NZ shares fall in tech sell-off

5 October 2021 - New Zealand's main share index tumbled on Tuesday, following global tech stocks lower ahead of the Reserve Bank of New Zealand’s interest rate decision on Wednesday afternoon.

NZ shares end week on a flat note

1 October 2021 - New Zealand's main share index finished the week almost unchanged with investors still looking down the barrel of a long list of risks.

One NZ share surged 20% today

30 September 2021 - New Zealand's main share index broke a three-day decline after US markets had modest gains overnight and as software company Gentrack jumped 20%.

NZ shares fall with global rout

29 September 2021 - New Zealand shares dropped with a global sell-off which hit most major indices overnight as investors were rattled by everything from the Evergrande saga in China to the US debt limit impasse and surging energy prices.

Market Close: F&P Healthcare falls along with Aussie peers

28 September 2021 - New Zealand shares edged lower as Fisher & Paykel Healthcare declined for a third consecutive session as it was caught up with falling Australian healthcare stocks.

Rising bond yields push shares down

27 September 2021 - New Zealand shares declined Monday as the yield on government bonds increased after central bankers around the world began to signal they will tighten historically loose monetary policy.

Pacific Edge up 6%; while index dips

24 September 2021 - Shares in Pacific Edge surged after it raised $80 million in an oversubscribed placement but the NZX's benchmark equity index fell as its biggest stock, Fisher & Paykel Healthcare, took a 3.1% tumble.

Fonterra fund leads NZX 50 higher

23 September 2021 - New Zealand shares followed global markets higher led by the Fonterra shareholders’ fund after the cooperative announced a strategy reset that would return capital to investors.

NZ shares up with Evergrande lurking in background

22 September 2021 - New Zealand shares edged higher as fear of Evergrande’s collapse faded into the background and investors were happy to buy on the recent dip in prices.

NZ shares flat as global markets fear Evergrande crisis

21 September 2021 - New Zealand’s defensive share market was mostly immune to global jitters as a giant Chinese firm looks ready to collapse under the weight of hundreds of billions of debt.

NZ shares consolidate from Friday rally

20 September 2021 - New Zealand shares generally fell as the market retreated from Friday’s index fund sugar rush and declined with the ASX.

Passive funds push NZX 50 higher

17 September 2021 - New Zealand shares bounced back from a losing streak as fund managers who track the S&P/NZX and FTSE Russell indices completed their quarterly portfolio rebalance.

NZ shares down on ‘staggering’ GDP number

16 September 2021 - New Zealand shares fell and bond yields were up, as investors reacted to GDP data which showed the economy grew 2.8% in the second quarter of the year.

NZ shares slightly lower with US inflation data

15 September 2021 - New Zealand shares were mixed, with the benchmark equity index closing mildly lower in tandem with offshore markets.

F&P Healthcare drags NZX50 down

14 September 2021 - New Zealand shares were mixed but the benchmark index closed down half a percent as its biggest stock Fisher & Paykel Healthcare continued to slide.

Who would have thought: Shares rise despite lockdown extension

13 September 2021 - New Zealand shares started the week on a positive note with most stocks making gains, including those affected by the extended Auckland lockdown.

Shares down & dollar up as market predicts rate hike

10 September 2021 - New Zealand benchmark equity index declined 1.5% this week after its third consecutive fall today, while the kiwi dollar rallied on a possible cash rate hike next month.

Profit taking pulls NZ shares down

9 September 2021 - New Zealand shares continue to take a cue from offshore markets and consolidate after a strong month through earnings season.

NZ shares snap 7-day rally

8 September 2021 - New Zealand shares snapped a seven-day rally, which saw the benchmark index up 2%, as two heavyweight stocks dragged the market lower.

NZ shares rise as nationwide lockdown ends

7 September 2021 - New Zealand shares took another step higher, led by stocks that are likely to benefit from the end of lockdown in much of the country.

NZX 50 makes seven day gain run

6 September 2021 - New Zealand’s benchmark equity index eked out its seventh consecutive gain led by potential growth stocks Pacific Edge and Sky TV.

Sky TV leads NZX50 higher

3 September 2021 - New Zealand shares edged higher, led by Sky TV as investors backed its bid to grow revenue even as a new survey showed online competitor Netflix dominating the NZ market.

NZ shares settle after action packed earnings season

2 September 2021 - New Zealand shares edged higher as some of the winning and losing stocks of a volatile few weeks of trading consolidated into normalised positions.

NZ shares settle after action packed earnings season

2 September 2021 - New Zealand shares edged higher as some of the winning and losing stocks of a volatile few weeks of trading consolidated into normalised positions.

Sanford shares surge as Ngāi Tahu fishes for value

1 September 2021 - New Zealand shares rose for a third consecutive session as Ngāi Tahu made an on-market bid for a minority stake in Sanford and Mainfreight moved towards $100 per share.

Sky TV leads NZX50 for second day

31 August 2021 - New Zealand shares edged higher with Sky Network Television leading gains for a second day.

Consumer stocks led NZX 50 higher

30 August 2021 - New Zealand shares rose as record highs on United States stock markets flowed through to the NZX, boosting consumer cyclical stocks in particular.

Vista helps NZX50 end week up 1.3%

27 August 2021 - New Zealand shares edged higher, led by Vista Group International, after a week of strong gains saw the benchmark index climb 1.3%.

NZ shares down as A2 Milk sheds $600m

26 August 2021 - Market darling turned troublemaker A2 Milk led the New Zealand share market lower as investors trimmed another $600 million from the dairy brand’s market capitalisation after its result.

Kiwi dollar up as RBNZ signals rate hikes

25 August 2021 - The New Zealand dollar climbed more than half a cent overnight, after Reserve Bank assistant governor Christian Hawkesby told media a 50-basis point rise was being considered last week.

NZX50 holds at 13,000 after strong earnings results

24 August 2021 - New Zealand shares were almost flat as investors reacted to upbeat earnings results from Heartland Group and Summerset Holding, while some larger stocks declined.

Z Energy pushes NZX 50 above 13,000 points

23 August 2021 - It was a big day for the New Zealand share market as Z Energy shares soared on a buyout offer, Mainfreight broke above $90, and Serko shares jumped more than 10%.

Lockdown 'net positive' for NZ sharemarket

21 August 2021 - New Zealand’s benchmark equity index finished the day almost unchanged having risen 1.6% across the week driven by good earnings results and an extended period of low-interest rates.

Chorus shares lift as ComCom values its assets

19 August 2021 - Infrastructure firm Chorus led the market as it raced up more than 12% on news the Commerce Commission had valued its fibre network at almost $5.5 billion.

Shares up as RBNZ defers rate hike

18 August 2021 - New Zealand shares rose this afternoon as investors welcomed an extra six weeks of low interest rates with the Reserve Bank leaving monetary policy settings on hold.

Markets tumble as covid case found

17 August 2021 - Investors sold the New Zealand dollar and bought government bonds as a community case of covid-19 cast doubt over whether the Reserve Bank of New Zealand will still hike rates.

Short sellers send A2 shares up

16 August 2021 - Investors buying into rumours Nestle was exploring a takeover of A2 Milk Company prompted the stock to jump more than 10% today.

a2 shares jump as Aussie media reheats Nestle rumours

16 August 2021 - A report in the Australian media ramping up speculation about a takeover of the a2 Milk company by Swiss-based global food giant Nestle saw the dual-listed dairy company’s share price jump in NZX trading today.

NZ shares up as investors ignore uncertainty

13 August 2021 - New Zealand's headline share index finished the week with a small gain as investors continued to position themselves ahead of earnings results next week.

NZ shares fall as nervy investors wait on RBNZ

12 August 2021 - New Zealand shares generally declined as investors prepared themselves for earnings results and a monetary policy statement from the Reserve Bank of New Zealand next week.

F&P Healthcare sucks life out of market

11 August 2021 - New Zealand’s benchmark equity index was dragged lower by its biggest constituent, Fisher & Paykel Healthcare, as it dropped back from a brief rally.

Investors prepare for earnings next week

10 August 2021 - New Zealand shares climbed as investors positioned themselves in stocks exposed to the domestic economy ahead of earnings results set to be released next week.

NZ shares fall as bond yields climb

9 August 2021 - New Zealand shares fell Monday, after making gains last week, as long-term bond yields in the United States climbed on strong employment data.

NZ shares up as Refining NZ shareholders vote to end refining

6 August 2021 - Z Energy shares climbed more than 5% as New Zealand Refining Company shareholders voted in favour of ending oil refining.

Trading session left unfinished as NZX halts market

5 August 2021 - New Zealand shares were trending lower this afternoon when the stock exchange operator halted trading due to a problem with its network connection.

NZ shares up as labour data shows economy running hot

4 August 2021 - New Zealand shares and the kiwi dollar climbed as the unemployment rate dropped to 4% in the June quarter, showing the economy is running well and ushering in the chance for more aggressive interest rate hikes.

Logistics stocks led NZ shares marginally lower

3 August 2021 - New Zealand's headline share index was virtually unchanged as investors watched for signs the covid-19 delta variant might be slowing the rebound in global economic activity.

Big growth stocks lead NZ shares higher

2 August 2021 - The NZX’s biggest growth stocks moved higher on Monday despite there being little news to propel the stocks.

NZ shares surrender yesterday’s gain

30 July 2021 - New Zealand shares gave back all of Thursday’s bounce in a broad-based selloff that was avoided by only a handful of stocks.

Mainfreight surges to $83

29 July 2021 - Two of the biggest stocks on New Zealand’s benchmark index, Mainfreight and Ryman Healthcare had near 4% share price surges after both firms hosted upbeat annual general meetings.

Regulation fears spill into currency markets

28 July 2021 - The New Zealand dollar fell and shares were flat as China’s regulatory crackdown continues to weigh on investors’ minds.

a2 Milk drops another 4% on regulation risk

27 July 2021 - New Zealand's main share index fell as a2 Milk dropped for a fourth consecutive session with investors worried China’s market regulator could shut the infant formula exporter out of its key market.

a2 shares plunge as Chinese regulator flexes its muscles

26 July 2021 - New Zealand's main share index fell half a percent with a2 Milk plunging more than 6% when the Australian stock exchange opened at midday on fears of Chinese regulation.

NZ shares rise on 'covid-fear trade'

23 July 2021 - New Zealand shares edged higher as the covid pandemic again set the agenda, with Fisher & Paykel Healthcare climbing while travel stocks dropped.

Shares drift sideways as RBNZ bond buying ends

22 July 2021 - New Zealand shares shuffled sideways in a directionless trading session, while bond yields moved marginally higher as the Reserve Bank ended its buying programme.

NZ shares climb while covid variant still looms large

21 July 2021 - New Zealand shares followed offshore markets higher as equities bounced back from a small correction yesterday.

NZ shares recover early losses

20 July 2021 - New Zealand shares recovered from a shock open driven by covid and cyber-attacks, finishing the day almost flat after Fisher & Paykel Healthcare and ANZ Bank rallied.

Shares slide as covid continues to wreak havoc

19 July 2021 - New Zealand shares continued to slide as the complications of navigating the pandemic caused concern among investors, with South Port reporting two covid cases aboard a ship.

Share market shuffles sideways as inflation soars

16 July 2021 - New Zealand shares drifted sideways as consumer prices soared in the second quarter stoking market expectations of interest rate hikes and sustained inflation.

Kiwi dollar hangs onto gains after RBNZ boost

15 July 2021 - The New Zealand dollar held onto gains made after the Reserve Bank began to tighten its monetary policy settings yesterday.

Swift market reaction as RBNZ calls time on money printing

14 July 2021 - The Reserve Bank of New Zealand surprised the market today with an announcement it will end its bond buying programme within the next 10 days.

My Food Bag buoyed by Aussie takeover

13 July 2021 - New Zealand shares rose on Tuesday with My Food Bag climbing out of the doldrums after rival Hello Fresh shelled out A$125 million to buy an Australian meal company.

Vista climbs on Black Widow debut

12 July 2021 - New Zealand shares recovered from Friday’s selloff as global markets traded higher over the weekend and with the Reserve Bank of New Zealand expected to hold rates at their review midweek.

Investors sell risk assets as delta variant causes alarm

9 July 2021 - New Zealand shares declined as covid-19 returned to centre-stage with even well-vaccinated countries struggling to stave off the delta variant.

Pacific Edge gains while market flatlines

8 July 2021 - New Zealand’s benchmark equity index finished the day virtually unchanged, although cancer diagnostics firm Pacific Edge had a healthy bounce.

NZ shares shuffle sideways as investors rejig portfolios

7 July 2021 - New Zealand shares edged lower with investors trading highly priced stocks for those that haven’t had such strong gains as banks begin predicting interest rate rises in November.

Auckland Airport took off yesterday, but landed today

6 July 2021 - Auckland Airport led the New Zealand share market lower as investors cashed in some profit after yesterday’s surge.

Auckland Airport jumps on Sydney Airport takeover bid

5 July 2021 - Auckland Airport led New Zealand shares higher after ASX-listed Sydney Airport skyrocketed on a A$22 billion takeover offer.

a2 Milk drives positive finish to the week

2 July 2021 - New Zealand shares gained half a percent across the week, with a2 Milk driving a positive finish with a key executive appointment and a bullish broker recommendation.

Property stocks hit records

1 July 2021 - New Zealand’s benchmark equity index was marginally higher today as stocks exposed to the housing market picked up steam, with Stride Property hitting an all-time high.

Fonterra Fund leads NZ shares higher

30 June 2021 - New Zealand shares edged higher led by the Fonterra Shareholders’ fund after the cooperative gave an update showing strong growth in both production and exports.

NZ shares rise as tourism stocks recover

29 June 2021 - New Zealand’s benchmark equity index gained a few points as Stride Property climbed and tourism stocks recovered on a partial reopening of the trans-Tasman bubble.

Travel stocks drop as trans-Tasman bubble deflates

28 June 2021 - Travel stocks led the New Zealand stock market lower after the trans-Tasman bubble was paused due to a worsening covid outbreak in Australia that could lead to extended lockdowns.

Kiwi, stocks bounce back from Fed scare

25 June 2021 - The New Zealand dollar and local stock market bounced back from last week’s losses as investors’ fears interest rates might be on the rise were soothed by calming words from the Federal Reserve.

NZ shares flat but THL bounces on profit upgrade

24 June 2021 - New Zealand shares moved sideways with a trading update from Tourism Holdings and Oceania Healthcare’s annual general meeting giving investors something to trade on.

NZ shares up as investors look for data signals

23 June 2021 - NZ shares edged higher as financial markets resettled after a tumultuous week which saw a severe reaction to the mere suggestion the US central bank may tighten monetary policy.

‘Sanity’ returns to market

22 June 2021 - The New Zealand share market and dollar both posted modest gains as investors came to terms with the possibility US central bankers may begin to tighten monetary policy.

NZ shares decline as A2 Milk pulls back

21 June 2021 - New Zealand shares declined as A2 Milk and Pushpay gave back much of the gains they won when the S&P and FTSE Russell indices were rebalanced on Friday.

a2 Milk jumps; Kiwi dips below 70 US cents

18 June 2021 - The New Zealand dollar dropped to a three-month low, while the NZ share market finished the day marginally higher as A2 Milk surged.

Sharemarket and Kiwi dollar tumbles as US Fed pencils in rate hikes

17 June 2021 - The New Zealand dollar and share market fell after the United States Federal Reserve signalled it expects rate hikes in 2023 as economies improve and inflation builds.

Markets waits on US Fed...

16 June 2021 - New Zealand shares declined as investors waited for the US Federal Reserve to wrap up policy meetings overnight and give a press conference Thursday morning (NZ time).

F&P Healthcare shares surge as competitor recalls dangerous products

15 June 2021 - Fisher & Paykel Healthcare shares surged as a competitor recalled millions of breathing devices and ventilators due to safety concerns.

Heartland Bank dominates market

14 June 2021 - New Zealand shares were little changed in a quiet trading session while Australian investors were off work on a long weekend.

Shares rise as markets ignore ‘shocking’ inflation

11 June 2021 - New Zealand shares and dollar moved higher as investors were unfazed by annual inflation in the United States hitting 5% in a data release overnight.

a2 and Mainfreight fall as investors eye inflation

10 June 2021 - New Zealand’s benchmark index slid almost 50 points with investors focused on macro-economic conditions and the risk of runaway inflation.

NZ shares edge higher as interest rates ease

9 June 2021 - New Zealand shares edged higher as bond yields and swap rates eased with investors appearing to brush off the risk of inflation.

NZ shares rise despite SkyCity falling 5%

8 June 2021 - US employment data released over the weekend sent most share markets higher, although the local bourse made limited gains as a money laundering probe saw SkyCity Entertainment tumble.

Synlait leads NZ shares higher

4 June 2021 - New Zealand shares edged upwards with the embattled Synlait Milk leading the market higher as it continues to recover from its lows.

NZ shares tread water ahead of US jobs report

3 June 2021 - New Zealand shares were virtually flat as investors here and overseas waited for employment data in the United States for signs of economic improvement.

Kiwi dollar unwinds RBNZ rally

2 June 2021 - The New Zealand dollar dropped a fifth of a cent today as investors walked back a break above 73 US cents after the Reserve Bank of New Zealand’s policy statement last week.

NZ shares climb as dairy stocks float amid flooding

1 June 2021 - New Zealand shares lifted today as most dairy stocks continued to recover despite flooding in Canterbury causing chaos in the farming region.

NZ shares break losing streak

31 May 2021 - NZ shares made broad gains with almost all stocks climbing as investors bought heavily sold stocks as market interest rates fell slightly.

NZX 50 has fallen 8.5% this year

28 May 2021 - New Zealand’s benchmark index finished the week down 8.5% year-to-date as bond yields creep higher and investors sell down stocks that collected outsized gains in 2020.

Investors knock $1b off F&P Healthcare valuation

27 May 2021 - New Zealand's main share index slumped as investors reacted poorly to Fisher & Paykel Healthcare’s full year result which failed to meet the high expectations priced into the stock.

Markets react to RBNZ OCR announcement

26 May 2021 - The S&P/NZX 50 Index was almost flat adding just 6.25 points, or 0.1%, to reach 12,347.44. Within the index, 15 stocks fell, 25 rose and 10 were unchanged...

NZ shares fall with F&P Healthcare

25 May 2021 - New Zealand shares fell as Fisher & Paykel Healthcare declined from high levels ahead of its full-year earnings result on Thursday.

Ryman Healthcare drags NZ shares lower

24 May 2021 - New Zealand’s benchmark equity index edged lower as one of its 10 biggest stocks, Ryman Healthcare, shed $365 million from its market capitalisation following analyst downgrades.

a2 Milk Company comes roaring back

21 May 2021 - The New Zealand market closed marginally higher as a2 Milk Company came roaring back from the depths of despair with a 6% bounce.

Labour's big budget boosts sharemarket

20 May 2021 - NZ shares rose as the government revealed a budget that will send more fiscal stimulus flowing into an already improving economy via benefit increases and infrastructure investment.

Earnings fail to excite the market

19 May 2021 - New Zealand shares fell as earnings results failed to impress investors worried about inflation. Serko led the decline after posting a near $30 million loss.

NZ shares rise as investors bet on earnings results

18 May 2021 - New Zealand shares edged higher as investors bid up stocks set to report earnings in the next few days with Serko leading the market higher.

NZ shares edge up from two-month low

17 May 2021 - New Zealand’s benchmark equity index crept higher as it moved on from a near two-month low on Friday after inflation fears weighed down the market.

NZX50 falls 2.8% this week as inflation rears its head

14 May 2021 - The benchmark S&P/NZX 50 Index fell 2.8% this week as investors fretted over whether inflation pressures in the US will drive up interest rates, while the announcement of the new KiwiSaver default providers attracted local attention.

Rearing US inflation drives global stock markets lower

13 May 2021 - Unexpectedly strong US inflation sapped equity markets around the world as investors reassess whether interest rates will rise faster than they’d previously thought.

Blue-chip stocks knocked by growing inflation concerns

12 May 2021 - The malaise hitting global stock markets over potential inflation pressures weighed on New Zealand firms, with a slew of blue-chip stocks off the boil today.

a2 leads market lower for a second day

11 May 2021 - A2 Milk led the local stock market lower for a second day as the milk marketing firm’s woes continued to drag down agricultural companies.

Dairy stocks whacked on a2 Milk downgrade

10 May 2021 - Dairy companies led the local stock market lower, with a2 Milk sinking to a three-and-a-half-year low after the milk marketing firm cut its earnings guidance yet again.

NZX50 dips slightly as investors react to Fonterra

7 May 2021 - New Zealand’s main share index dipped slightly as investors continued to shun market heavyweights and decided Fonterra’s planned change to its capital structure will not work for them.

FP Healthcare and a2 Milk weigh NZ shares down

6 May 2021 - New Zealand shares sustained losses as investors pulled cash out of A2 Milk Company and Fisher & Paykel Healthcare.

F&P Healthcare drags index lower

5 May 2021 - New Zealand shares fell as Fisher & Paykel Healthcare dropped and global equity investors were spooked by the US treasury secretary raising the prospects of rate hikes.

NZX 50 jumps 1% as dairy stocks rally

4 May 2021 - A2 Milk and Synlait led the New Zealand share market higher as the two embattled dairy stocks mounted a small recovery after hitting four-year lows.

Westpac Bank jumps 5%; NZ shares rise

3 May 2021 - Dual-listed Westpac Bank lead the New Zealand share market higher as it reported half-year profit more than doubled and said it would resume paying dividends.

US economic recovery boosts NZ shares

30 April 2021 - New Zealand shares followed US markets higher after better-than-expected earnings results by Apple and Facebook and strong economic data.

Z Energy leads NZ shares higher

29 April 2021 - Fuel retailer Z Energy propelled the New Zealand share market higher as brokerage firm Jarden reiterated its ‘buy’ recommendation ahead of its full year result.

Small stocks lead NZ shares higher

28 April 2021 - Small stocks lead the New Zealand share market higher on light volumes with Skellerup Holdings hitting an all-time high.

A2 Milk hits four year low

27 April 2021 - New Zealand shares fell as A2 Milk dropped to its lowest price in almost four years as more institutional investors cut their losses.

NZ shares rise; A2 Milk slumps

23 April 2021 - New Zealand shares rose despite A2 Milk dropping to a three-year low as more analysts lost faith in its earnings guidance.

FP Healthcare props up share market

22 April 2021 - A share price spike for Fisher & Paykel Healthcare papered over weakness in the wider market with the majority of share still in decline.

Covid hits sharemarket - again

21 April 2021 - New Zealand’s share market fell in tandem with equity markets around the world as the global economy continues to be hampered by covid-19 despite vaccine rollouts.

NZ shares sink as investors watch for inflation

20 April 2021 - New Zealand shares fell in line with US markets and ahead of tomorrow’s local consumer price index data.

NZ shares rise on trans-Tasman bubble

19 April 2021 - Auckland International Airport led the share market higher as Australian visitors poured through its international terminal for the first time since March last year.

BlackRock dumps $1 billion stake in Meridian and Contact

16 April 2021 - Trading volumes surged and the market edged higher as passive fund manager BlackRock sold more than $1 billion worth of shares in Contact Energy and Meridian Energy.

Investors cash up $100m for renewable energy sell-off

15 April 2021 - New Zealand shares fell as investors raised cash to buy shares in renewable energy stocks tomorrow when fund manager BlackRock is required to reduce its holdings.

Market ‘perfectly priced’ for placeholder monetary review

14 April 2021 - New Zealand shares and the kiwi dollar rose as the Reserve Bank of NZ left all monetary policy settings unchanged and hinted it could hold there well into 2022.

Aussie investors spot value in A2 Milk

13 April 2021 - New Zealand's main share index rose as an Australian stockbroker recommended investors buy shares in A2 Milk saying demand for its products was showing signs of recovery.

Shares sink on shock CEO resignations

12 April 2021 - New Zealand's main share index fell as surprise resignations from Pacific Edge and Synlait Milk’s chief executives sent both stocks tumbling.

Pacific Edge surges; NZX 50 falls

9 April 2021 - Shares in cancer diagnostic firm Pacific Edge skyrocketed, climbing more than 20% on a deal with a large US insurer, even as the wider share market edged lower.

A2 helps NZ shares play catch up

8 April 2021 - New Zealand shares played catch up today with share markets overseas which have been running ahead. A2 Milk lead the charge as it rallied from a low.

NZ shares climb as global economy tipped for recover

7 April 2021 - New Zealand's main share index rose as investors were encouraged by the International Monetary Fund predicting a swifter and strong global economic recovery as vaccines are distributed.

Renewable energy stocks begin final descent

6 April 2021 - Renewable electricity stocks tumbled as investors reacted to a new version of a clean energy index, announced on Good Friday, that will reduce the weighting of Meridian and Contact.

Thrills and spills for small cap stocks

1 April 2021 - NZ’s benchmark index fell in a sleepy session ahead of Easter, while smaller stocks Rakon and AFT Pharmaceutical surprised investors with revised earnings.

Shares rise as tough quarter ends

31 March 2021 - New Zealand's sharemarket was led up by Mercury NZ as investors begin to adjust to the higher bond yields which have been dominating the market this year.

Auckland Airport takes off; NZ shares gain

30 March 2021 - New Zealand shares generally edged higher today as the benchmark equity index approached the end of the first quarter down almost 5%.

Serko cracks $7 as NZ shares rise

29 March 2021 - Travel booking software company Serko broke through $7 per share while the broader market was supported by gains in renewable energy stocks.

NZ shares finish week 1% lower

26 March 2021 - The NZ sharemarket finished the week almost 1% weaker after a volatile Mercury NZ led another fall today.

Property stocks attract attention

25 March 2021 - Property stocks and new listings centre of attention.

Retirement stocks fall on housing policy

24 March 2021 - New Zealand's main share index slipped as retirement stocks fell on the risk of lower house prices and Oceania Healthcare completing an $80 million capital raise.

Pushpay shares surge as new investor buys cornerstone

23 March 2021 - Pushpay Holdings led New Zealand's share market higher after a new investor paid above market price to buy the Hulijch family’s stake in the church donation firm.

Electricity stocks shed $42m of value

22 March 2021 - Volatile electricity stocks sent the New Zealand market falling, as investors grappled with an ongoing review of a clean energy index proposing to triple the number of stocks it contains.

NZ shares rise as index funds rebalance

19 March 2021 - New Zealand's main share index edged higher as volatile electricity stocks rallied from a recent decline with the S&P/NZX and FTSE Russell Index funds completing their quarterly rebalance in an extended trading session.

Investors ignore weak GDP data

18 March 2021 - The kiwi dollar jumped more than half a cent after the US Federal Reserve held its policy settings, while the local equity market returned to its downward trend even though it seemed unfazed by weak GDP data.

SNAP: Five day rally ends

17 March 2021 - New Zealand's main share index snapped a five-day rally and fell with the kiwi dollar and bond yields, as investors wait on the US Federal Reserve meeting on Wednesday night.

NZ shares rise for fifth day straight

16 March 2021 - NZ benchmark equity index rose for the fifth consecutive day as it continues to climb out of correction territory.

Shares surge on Infratil's $3b Tilt sale

15 March 2021 - NZ shares surged as infrastructure investor Infratil made good on its promise to demonstrate its portfolio was undervalued with the almost $3 billion sale of Tilt Renewables in which it held a majority stake.

US stimulus sign off sees NZ shares surge

12 March 2021 - New Zealand's benchmark share index surged as US President Joe Biden signed off a two trillion-dollar stimulus package which boosted global investor sentiment.

Travel stocks rally on Aussie reopening

11 March 2021 - Travel stocks rallied after the Australian government announced a billion-dollar support package for airlines and signalled international travel would resume in October.

NZ shares rise as bond yields ease

10 March 2021 - Most New Zealand shares rose as bond yields fell from an 18-month high giving equity markets some more room to run.

Shares climb on US fiscal stimulus

9 March 2021 - New Zealand's benchmark share index rose after US lawmakers approved nearly two trillion US dollars of fiscal stimulus to try and shore up the world’s biggest economy as vaccines begin to mute the pandemic.

F&P Healthcare pulls NZX 50 lower

8 March 2021 - New Zealand’s benchmark equity index fell to its lowest level this year as two of its largest stocks, Fisher & Paykel Healthcare and Meridian Energy, dropped significantly.

Shares fall as My Food Bag debut disappoints

5 March 2021 - The much-anticipated My Food Bag listing disappointed investors as it finished the day almost 6% below the IPO offer price, amid wider market weakness.

Shares tumble as Synlait pulls guidance

4 March 2021 - New Zealand shares took a dive as milk processor Synlait pulled its earnings guidance and interest rates moved higher.

Shares flat and dollar higher as dairy prices boom

3 March 2021 - New Zealand's main share index was flat and the kiwi dollar edged higher after milk powder prices hit record highs overnight.

A2 drives share market recovery

2 March 2021 - A2 Milk Company led the share market’s recovery today after rising interest rates triggered a widespread selloff during February.

NZ shares bounce after dire February

1 March 2021 - New Zealand investors started the week on a generally positive note as earnings season wound to a close and Vista Group International reported a strong cash position despite the pandemic.

NZ shares snap six-day decline

26 February 2021 - Many New Zealand shares bounced back from a six-day slump as investors began to see bargains in the depressed prices with the benchmark equity index down more than 7% this year.

a2 sends NZX 50 to 4-month low

25 February 2021 - NZ's main share index dropped to a four-month low as A2 Milk plunged another 15% after lowering its full-year earnings guidance for the third time.

Shares fall as investors call RBNZ's bluff

24 February 2021 - The Reserve Bank of New Zealand’s promise to keep monetary policy ultra-loose fell on deaf ears in the market as bond yields continued to rise, pushing shares lower and the kiwi dollar upwards.

NZX 50 dips towards technical correction

23 February 2021 - New Zealand's main share index fell as a handful of discouraging trading updates from listed companies dovetailed with higher bond yields to depress equity prices. Fishery firm Sanford led the market lower after being fined in court for illegal fishing practices.

High bond yields rout equity market

22 February 2021 - Rising bond yields and the strong kiwi dollar continued to drag equity valuations down despite fairly upbeat earnings results from Freightways and Heartland Bank.

Rising bond yields pull shares lower

19 February 2021 - New Zealand shares joined the general fall in global markets as investors priced in rising bond yields, that have been climbing on inflation expectations.

Record profits and losses on show in earnings results

18 February 2021 - New Zealand's main share index dipped slightly after corporate earnings reports put the pandemic’s winners and losers on display. ANZ Bank chalked up record home loans, while Auckland International Airport had its first underlying loss since 1998.

Earnings season brings long-expected good news

17 February 2021 - New Zealand's main share index edged higher as firms such as Ebos Group, NZX and Fletcher Building reported positive earnings results.

Shares bounce after five-day rout

16 February 2021 - New Zealand's main share index bounced after a five-day slide as global equity markets continued to run further into record territory.

Energy stocks fall as Contact raises capital

15 February 2021 - Renewable energy stocks led the market lower as Contact Energy announced a $400 million capital raising to fund a new geothermal plant.

NZ shares fall for third straight session

11 February 2021 - New Zealand's main share index fell for a third straight session as Meridian Energy and A2 Milk Company's shares dipped.

Sanford leads NZ shares lowers

10 February 2021 - Fishery company Sanford led New Zealand’s benchmark equity index lower as the local share market continued to roll downhill into earnings season.

Equities fall as inflation expectations rise

9 February 2021 - New Zealand equities pulled back again on Tuesday as a Reserve Bank survey showed rising inflation expectations, prompting bond yields to step higher as the market priced in the risk of interest rate hikes.

NZ shares bounce from week's losses

5 February 2021 - New Zealand’s benchmark index eked out a small gain on Friday, closing a week plagued by market volatility and steadily climbing interest rates.

Higher bond yields push equity prices lower

4 February 2021 - The NZX 50 fell on Thursday with rising interest rates beginning to take some heat out of the share market as investors try to get ahead of tightening monetary policy.

Economy at risk of overheating

3 February 2021 - New Zealand shares and dollar both moved higher on Wednesday, reflecting labour market data that came in much stronger than expected as the recovery from the pandemic picks up pace.

Equities dip as interest rates creep higher

2 February 2021 - New Zealand's main share index took another tumble today with investors nervous about the risk of rising interest rates ahead of the NZ labour market data release tomorrow.

GameStop chaos weighing on equity market

1 February 2021 - The New Zealand share market had a slow start to February, with investors nervous about fallout from the GameStop drama.

NZ shares bounce back from sell-off

29 January 2021 - Most New Zealand shares bounced back from a surprise sell-off yesterday, which wiped out the month's gains, as investors were encouraged by earnings results from US tech firms.

NZ joins global equity rout

28 January 2021 - No stocks in New Zealand’s benchmark equity index rose today as the local market joined a sudden correction that hit exchanges around the world overnight.

A2 Milk lifts NZ shares

27 January 2021 - A2 Milk Company led the New Zealand share market higher as solid dairy demand and a reassurance of friendly trade relations with China helped lift the stock from a two-year low.

Shares fall as covid case causes concern

26 January 2021 - New Zealand shares were generally weaker as the covid case in Northland triggered some caution among investors who have pinned their hopes on a fast recovery from the pandemic.

Turbulent skies for travel stocks

25 January 2021 - The reported covid community case in Northland is giving investors plenty to chew on.

F&P Healthcare propels share market higher

22 January 2021 - New Zealand’s largest listed company, Fisher & Paykel Healthcare, gave the share market a boost as it surged 5.5 percent after reporting a 73 percent increase in nine-month revenue.

NZ stocks, dollar rally as Democrats prepare stimulus

21 January 2021 - New Zealand stocks and the dollar rallied after US President Joe Biden’s inauguration passed uneventfully and cleared the path for more fiscal stimulus in the world’s biggest economy.

F&P Healthcare pushes share market higher

20 January 2021 - Fisher & Paykel Healthcare gave the local share market a boost after Jarden analysts reiterated their ‘outperform’ rating for its ASX-listed rival ResMed.

Shares snap six-day slide

19 January 2021 - New Zealand shares snapped a six-day decline after Chinese economic growth data beat expectations, buoying the outlook for Kiwi exporters.

NZ shares fall for sixth session

18 January 2021 - New Zealand shares declined for a sixth day as investors continued to pare back the holiday rally which drove renewable energy firms to record highs.

NZX 50 finishes the week down 3 percent

15 January 2021 - New Zealand’s benchmark equity index fell 3.4 percent this week as highly priced renewable energy stocks came crashing back to earth and bond yields moved higher.

Shares flat as smelter deal emerges

14 January 2021 - New Zealand's headline share index was flat today with news of an extension of operations at the Tiwai Point aluminium smelter having little impact on the already elevated share prices of Meridian Energy and Contact Energy.

Shares slip with investors cautious

13 January 2021 - Most New Zealand shares continued to decline as investors remained cautious about the global outlook after the year kicked off with a generous dose of turbulence and higher bond yields.

Equities and dollar retreat as bond yields climb

12 January 2021 - The NZ headline share index and the kiwi dollar fell for the third consecutive day, backing away from record highs as rising bond yields sap demand for both assets.

Shares tumble as investors return to work

11 January 2021 - Most New Zealand shares tumbled today as investors took profit from electricity utilities and other stocks run up to record highs during the holiday period.

NZX 50 finishes first week of 2021 up 3%

8 January 2021 - New Zealand shares rose 3 percent in the first week of trading as investors focused on economic recovery, rather than the pandemic and political unrest in the United States.

Meridian Energy shares keep on defying gravity

7 January 2021 - Shares in utility firm Meridian Energy leapt a further 10 percent, pushing New Zealand’s benchmark equity index higher.

Kiwi nears three-year high; NZX50 falls

30 December 2020 - The New Zealand dollar reached a fresh two-and-a-half-year high as the greenback flagged with investors backing risk-sensitive assets, wagering the global economy will improve as vaccines are rolled out.

NZX50 soars as Meridian joins $20b club

29 December 2020 - The expansion of the US fiscal stimulus helped New Zealand's share market extend its Christmas Day rally with Meridian Energy leading the market deeper into record territory.

Merry Christmas for the local stock market

24 December 2020 - New Zealand's main share index rose for a third day in a short Christmas Eve trading session, with A2 Milk continuing its recovery as it finalised terms to buy Mataura Valley Milk.

Records tumble as NZX50 cracks 13,000

23 December 2020 - Blue-chip companies including Ebos Group, Mainfreight and Infratil hit all-time highs today in the last full trading day before Christmas.

NZ shares outperform Asia as blue chips bounce back

22 December 2020 - New Zealand’s share market outperformed Asian bourses as blue-chip stocks Meridian Energy and A2 Milk bounced back from recent weakness, and a weaker kiwi underpinned exporters including Fisher & Paykel Healthcare.

Covid resurgence slaps down kiwi dollar, NZ shares

21 December 2020 - The New Zealand dollar dropped more than half a US cent and the local share market was sold off as a new round of covid lockdowns spooked investors around the world.

Shares plummet as A2 shocks market

18 December 2020 - New Zealand’s benchmark equity index tumbled as one of its biggest stocks, A2 Milk Company, lost a fifth of its value after a second earnings downgrade.

NZ equities and dollar follow GDP higher

17 December 2020 - An historic bounce in New Zealand’s gross domestic product buoyed investors' sentiment spurring equities and the kiwi dollar higher.

Investors in a better mood and drive sharemarket higher

16 December 2020 - Most New Zealand shares bounced back from Tuesday’s moment of weakness as financial market sentiment swung back towards optimism overnight.

NZ shares fall as covid concerns investors

15 December 2020 - New Zealand's main share index fell with other Asian bourses, as the local market caught up with souring economic sentiment triggered by the spread of covid-19 globally.

NZ shares fall from record

14 December 2020 - The New Zealand share market started the last full trading week of a tumultuous year on a weaker note as Fisher & Paykel Healthcare pulled it down from a record high.

F&P Healthcare rises while energy stocks fall

11 December 2020 - New Zealand's main share index rose to a new record as a volatile Fisher & Paykel Healthcare bounced back from a three-month low amid record high covid cases in the United States.

Sharemarket rally pauses, but good gains for some stocks

10 December 2020 - New Zealand's main share index and the kiwi dollar both edged lower with investors hitting pause on a two-month strong run caused by buying risk assets in hopes of global economic recovery.

Infratil surge pushes NZX to new record

9 December 2020 - New Zealand’s benchmark equity index hit a new record as Infratil shares surged following revelations overnight that a major Australian pension fund was bidding to buy the firm.

Renewable electricity news drives NZX 50 move

8 December 2020 - New Zealand's main share index edged higher with electricity firms having big swings in both directions after Infratil announced it may sell its billion-dollar stake in Tilt Renewables.

NZX 50 falls as investors get ready for summer

4 December 2020 - New Zealand's main stock index and the kiwi dollar edged lower as investors began positioning themselves for the quiet summer period.

Listed exporters hurting from sky high kiwi

3 December 2020 - With the kiwi dollar sitting comfortably at 30-month highs and flirting with a break above 71 US cents investors today sold their holdings in exporters drawing revenue from the United States.

NZ shares flat as strong kiwi saps rally

2 December 2020 - New Zealand's main share index was flat as a stronger kiwi dollar crimped interest in exporters such as Fisher & Paykel Healthcare, while other parts of the market rallied.

A2 Milk leads sharemarket decline

1 December 2020 - A2 Milk pulled the New Zealand share market down as diplomatic tensions between China and Australia ratcheted up, creating risks for the infant formula exporter.

F&P Healthcare gives NZX 50 an end of month surge

30 November 2020 - New Zealand’s benchmark equity index finished the month with a flourish as Fisher & Paykel Healthcare shares surged, bringing the index’s November gain above 5 percent.

F&P Healthcare rally pushes shares higher

27 November 2020 - Fisher & Paykel Healthcare led the market higher as it recovered from a heavy bout of profit-taking after its annual result on Wednesday.

NZX50 runs out of puff as Kiwi marches higher

26 November 2020 - The S&P/NZX 50 Index ran out of puff after reaching elevated levels as investors booked profits on recent gains, and a resurgent kiwi dollar threatens to derail local export earnings.

Shares soar amid flurry of local news

25 November 2020 - Most New Zealand shares rose amid a flurry of mixed news from local companies and increasing confidence shown by offshore investors.

Kiwi dollar spikes as RBNZ challenged on house prices

24 November 2020 - The Kiwi dollar lifted more than half a US cent after finance minister Grant Robertson proposed adding house prices to the RBNZ’s mandate, dashing any remaining expectations of interest rate cuts.

NZ shares rally as retail data rebounds

23 November 2020 - Most New Zealand shares rose as local retail data showed the largest quarterly rise since 1995, with investors taking the rebounding sales as a sign of ongoing economic recovery.

NZ shares fall on Ryman result and strong currency

20 November 2020 - New Zealand's main share index fell as Ryman Healthcare’s weak half-year result took some heat out of the retirement village sector, while the soaring kiwi dollar put pressure on exporters.

Tourism Holdings leads second fall for NZ shares

19 November 2020 - The New Zealand share market dipped today as investors cashed in a number of stocks that had reached record highs in the two-week rally following the US election.

A2 Milk ends 11-day share market rally

18 November 2020 - New Zealand’s benchmark equity index snapped an 11-day rally, falling from yesterday’s record close of 12,765 following negative market updates from A2 Milk, Serko and Napier Port.

Second vaccine sees investors eye recovery

17 November 2020 - New Zealand shares edged higher as a second promising vaccine caused investors to shift money into mid-size companies that have been slower to recover from the pandemic.

NZ shares and dollar rise as optimism lingers

16 November 2020 - New Zealand shares and the kiwi dollar both gained as investors remained positive that a covid-19 vaccine could soon be available.

F&P Healthcare drives gain as investors hedged on pandemic

13 November 2020 - Fisher & Paykel Healthcare propped up an otherwise hesitant market as investors turned their attention back to the threat of the escalating global pandemic.

Shares flat as volatile prices settle

12 November 2020 - The New Zealand share market was flat as stock prices found a new level after a barrage of market moving news over the past 10 days.

Dollar soars as investors price out negative cash rate

11 November 2020 - The New Zealand dollar leapt to a 20-month high as the market reversed its bet the Reserve Bank will cut the official cash rate into negative territory.

Vaccine hopes prompt rotation into hardest hit covid stocks

10 November 2020 - Investors today sold recently top-performing stocks in favour of those worst affected by the covid-19 pandemic as news of an effective covid-19 vaccine prompted a massive rotation.

NZX 50 hits record; kiwi dollar at 18-month high

9 November 2020 - The kiwi dollar climbed to an 18-month high and New Zealand’s benchmark equity index closed at a new record as risk assets rallied in the wake of the US election results.

Synlait leads post election rally

6 November 2020 - Synlait Milk led the local share market higher in the third day of a post-US election global equity rally as investors celebrated having some uncertainty behind them.

Equities markets rallied despite US election uncertainty

5 November 2020 - New Zealand’s main share index gained almost half a percent and the kiwi dollar lifted almost 1 US cent, as investors found enough political certainty in the US Senate result to look past the still undecided presidential race.

Kiwi falls as US blue wave falters

4 November 2020 - The New Zealand dollar reversed early gains as a path for a decisive Democratic win in the US election faded as incumbent President Donald Trump pulled ahead in Florida leaving the race too close to call.

Australian rate cut fuels NZ shares

3 November 2020 - The New Zealand share market rallied with its Australian counterpart as the Reserve Bank of Australia cut interest rates and expanded its quantitative easing program.

US election keeps nervous investors on sidelines

2 November 2020 - New Zealand shares edged lower as many investors fixated on the potential for civil unrest and a contested result following the United States presidential election on Wednesday.

F&P Healthcare profit-taking drags NZX 50 down

30 October 2020 - New Zealand's headline share index fell today as ongoing coronavirus fears and end-of-month profit taking - notably Fisher & Paykel Healthcare - pushed the market down.

Shares fall as coronavirus woes return

29 October 2020 - New Zealand shares joined a worldwide rout as Europe’s return to lockdown reminded investors the pandemic still poses a serious threat to the global economy.

Second market fall stopped by F&P Healthcare rebound

28 October 2020 - A share price bounce for Fisher & Paykel Healthcare helped inch the S&P/NZX 50 index higher today as a resurgence of covid-19 in the United States and Europe weighed on some stocks.

F&P Healthcare knocked by strong kiwi; covid saps stock market

27 October 2020 - Fisher & Paykel Healthcare was weighed down by a stronger kiwi dollar while the rest of the market was knocked about by uncertainty over the US election and latest surge in covid-19 infections.

Shares end muted week with small rise

23 October 2020 - New Zealand's main share index rose half a percent today, closing out a week of muted trading.

Shares decline as global headwinds endure

22 October 2020 - New Zealand shares edged lower as global investor sentiment weakened.

Stimulus hopes push kiwi up, but shares fall

21 October 2020 - Renewed optimism for fiscal stimulus in the United States being passed before the presidential election drove a rally in the kiwi dollar along with most other risk assets.

Kiwi dollar hits three month high against Aussie

20 October 2020 - The New Zealand dollar rose to a three-month high against its Australian counterpart as the gap between monetary policy settings in the two countries looks set to close.

Markets unrattled by election, electricity sector falls

19 October 2020 - New Zealand markets were steady with investors relaxed after the Labour Party secured a historic majority in Saturday’s general election. The electricity sector led a modest decline in the share market.

Power rally pauses ahead of election

16 October 2020 - Contact Energy and Meridian Energy shares today ended their long rally.

Equity rally stalls as caution returns

15 October 2020 - New Zealand shares snapped an 11-day streak of gains as investors took some risk off the table due to fading hopes for fiscal stimulus in the United States and growing covid-19 infections in Europe.

Mainfreight leads shares higher

14 October 2020 - Global logistics firm Mainfreight led New Zealand shares higher as the index chalked up its eleventh straight day of gains.

NZ shares rise for tenth session

13 October 2020 - New Zealand shares rose for a tenth consecutive session as low interest rates and hopes for fiscal stimulus lure investors into the stock market. Financial stocks led the gains.

Contact leads shares higher

12 October 2020 - New Zealand shares rose, led by Contact Energy as its possible inclusion in the MSCI Index continues to drive investors to buy the stock amid strong global risk sentiment.

Hot property market drives shares higher

9 October 2020 - New Zealand shares finished the week at an all-time high, led upwards by property and retirement stocks as central bank stimulus adds heat to the housing market.

NZ shares surge as Trump puts stimulus back on table

8 October 2020 - New Zealand’s benchmark share index surged to a record as global risk appetite came flooding back on the hope of fiscal stimulus before the US election.

Kiwi falls as Trump spikes stimulus deal

7 October 2020 - The New Zealand dollar fell almost 1 US cent after President Donald Trump threw cold water on the prospect of passing fiscal stimulus before the election, causing risk assets to fall.

Travel stocks lead stock market higher

6 October 2020 - Travel stocks led the New Zealand share market higher as Air New Zealand continued to rally on Australia's borders opening and Serko's oversubscribed capital raising interested investors.

NZ shares rise with Aussie market

5 October 2020 - New Zealand shares tracked their Australian counterparts higher as the ASX rallied on a billion-dollar apprenticeship wage subsidy and the news US president Donald Trump was reportedly recovering quickly from a covid-19 infection.

Shares edge higher as Aussie border opens

2 October 2020 - New Zealand shares edged higher as Air New Zealand took off on Australian plans to open its border for quarantine-free travel from New Zealand.

Healthcare stocks lead market higher

1 October 2020 - The healthcare sector led a broad rally on the New Zealand share market, mirroring a similar trend in United States indices on Wednesday night

A2's decline cancels property gains on NZX today

30 September 2020 - Shares were virtually flat today with a rally in the property sector offset by A2 Milk Company falling for a third consecutive session.

Dairy decline pulls market lower; A2 leads the way

29 September 2020 - New Zealand shares fell with A2 Milk leading the market down as investors speculated further earnings downgrades may be on the horizon.

Shares flat as utilities soar while A2 plunges

28 September 2020 - New Zealand shares were flat, as a sharp drop following A2 Milk downgrading its financial outlook was cancelled out by a rally in electricity stocks after Tiwai Point smelter negotiations were flagged.

Shares bounce on big banks boost

25 September 2020 - Financial stocks led the local stock market higher as they surged on an announcement the Australian federal government would roll back responsible lending rules.

Kiwi falls on economic concern

24 September 2020 - The New Zealand dollar sank to its lowest level since late August as the greenback continued to attract buying amid a sustained equity sell-off on recessionary fears.

Pushpay leads stock market higher

23 September 2020 - Pushpay led the stock market higher on an analyst upgrade and as tech stocks on Wall Street rebounded following extended selling.

NZ shares buck global sell-off

22 September 2020 - New Zealand shares rose as renewed fears of further pandemic lockdowns in Europe pushed the kiwi dollar lower and improved the outlook for Fisher & Paykel Healthcare.

Profit taking pulls shares down

21 September 2020 - Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress.

Strong kiwi weighs down shares

18 September 2020 - New Zealand’s benchmark stock index extended its losses, locking in a third consecutive weekly decline as the kiwi dollar continued to climb.

Global markets dip as US Fed disappoints

17 September 2020 - New Zealand shares fell in sync with global markets after the US Federal Reserve failed to deliver new stimulus as investors had hoped.

Less gloomy outlook boosts kiwi; NZ shares rise

16 September 2020 - The New Zealand dollar was stronger as local investors were buoyed by a less pessimistic outlook for the labour market in the Treasury's pre-election forecasts.

Sharemarket misses regional rally; NZX offline - again

15 September 2020 - New Zealand shares missed a regional rally as the strong kiwi dollar stymied strong offshore leads, while the NZX’s website went offline in the afternoon.

NZ shares rise as THL bolsters sentiment

14 September 2020 - New Zealand shares edged higher with Tourism Holdings leading the market after an upgrade to its earnings helped insulate investor sentiment from a one-week extension to current covid restrictions.

Profit-taking pulls shares lower

11 September 2020 - New Zealand shares took another fall as investors took profits from well performing stocks after US tech stocks continued to decline on Wall Street.

NZ shares bounce with Wall St

10 September 2020 - New Zealand shares bounced on improved investor sentiment as share markets on Wall Street snapped out of a three-day correction.

Stock market selloff returns from holiday

9 September 2020 - New Zealand shares fell in broad-based selling as the tech rout on Wall Street returned after the Labor Day holiday in the United States.

Sky TV leads gains for second day

8 September 2020 - New Zealand shares rose on light volume as investors took a cue from European share markets with Wall Street closed for Labor Day. Sky Network Television continued to rally ahead of its result.

Shares rise in quiet trading

7 September 2020 - New Zealand shares edged higher in quiet trading as many investors stuck to the sidelines with US markets closed for the upcoming Labor Day holiday. Sky Network Television led the market.

Sharpest drop on NZX in months

4 September 2020 - New Zealand's benchmark stock index had its biggest fall in almost two months after Wall Street saw a sharp correction overnight. Growth stocks with US exposure led the market lower.

Entertainment stocks lead market rally

3 September 2020 - New Zealand shares rose in a broad-based rally, led by entertainment companies as the pandemic appeared to be coming under control in key markets. SkyCity Entertainment Group led the market higher.

Shares rise, dollar hits 14-month high

2 September 2020 - The benchmark index halted a two-day decline as upbeat economic data in key markets helped prop up investor sentiment regarding global recovery. The New Zealand dollar climbed to a 14-month high.

Strong currency weighs down exporters

1 September 2020 - New Zealand shares fell for a second day as the strong kiwi dollar took the shine off star exporters A2 Milk and Fisher & Paykel Healthcare.

Heavyweight exporters fall as dollar rises

31 August 2020 - New Zealand shares fell in the first full day of trading since last Monday with the heavyweight export stocks pulling the market lower as the kiwi dollar hit new highs.

Reeling from cyber attacks, NZX 50 shuffles to record

28 August 2020 - New Zealand shares eked out a record close as investors caught up for lost time after a string of cyber-attacks left the local market open for just five hours in the past two sessions.

Third cyber attack halts NZX trading

27 August 2020 - A new record was snatched from the New Zealand share market as a third cyber attack shut down the exchange after just one hour of trading.

Shares rise, cyber attack interrupts trading

26 August 2020 - New Zealand shares edged higher in a highly compressed trading session after a second cyber attack in as many days caused trading to be halted for more than three hours.

Network issue cuts bullish day short

25 August 2020 - An upbeat session was cut short this afternoon as an internet connectivity issue halted trading on the NZX. Tourism Holdings had been leading the market higher on vaccine optimism.

Wall Street leads property stocks higher

24 August 2020 - New Zealand shares followed Wall Street higher after new data indicating an improving US economy pushed two of the major indices to a new record.

NZ shares rise on bullish earnings

21 August 2020 - New Zealand's main shares index ended the week on an upbeat note as investors were encouraged by bullish earnings results. Skellerup Holdings led the market after it repeated last year's record result.

Heavyweight stocks drag market down

20 August 2020 - New Zealand’s benchmark share market index fell for a second day as investors continued to sell off its two biggest stocks from record highs. Mercury NZ led the market lower.

Investors hit pause on market rally. Find out why.

19 August 2020 - New Zealand shares fell as companies reported mixed earnings results. A2 Milk led the market lower after its full-year report didn’t meet investors' high expectations.

Shares rise, dollar softens as negative cash rate predicted

18 August 2020 - New Zealand shares climbed for a second day as investors continued buying dividend-paying stocks and as another bank forecast negative interest rates here within a year.

Shares rise as negative interest rates loom

17 August 2020 - Shares on New Zealand’s benchmark index rallied as central bank stimulus helped fuel a bounce back from lockdown-related selling last week. Summerset led the market higher on a strong earnings result.

Domestic bellwether stock Freightways leds NZX lower

14 August 2020 - New Zealand's benchmark stock index crept lower as investors took risk-off positions in the lead up to the extension of the covid-19 lockdown in Auckland. Domestic bellwether stock Freightways led the market lower.

NZ shares flat as tech rally balances covid fears

13 August 2020 - New Zealand shares edged higher as gains in local software companies spurred on by Wall Street's tech rally just offset the general malaise of the latest covid-19 lockdown.

Reserve Bank measures limit virus-driven stock slide

12 August 2020 - Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown.

Sharemarket investors go bargain hunting

11 August 2020 - New Zealand shares fell as investors rotated out of the best-performing stocks such as Fisher & Paykel Healthcare, and into some of the cheaper, beat-up firms including Air New Zealand, on the prospect of their recovery.

Local market in lock-step with ASX

10 August 2020 - Shares in New Zealand’s benchmark index were buoyed by strength in the Australian market and an as-expected earnings report from Contact Energy.

Energy sector leads sharemarket lower

7 August 2020 - New Zealand shares fell after Rio Tinto quashed rumours production was ramping up at the Tiwai Point aluminium smelter; Fisher & Paykel Healthcare fell after rival ResMed reported disappointing earnings.

NZ shares flat as Tiwai smelter rumours swirl

6 August 2020 - New Zealand shares edged higher as rumours of negotiations to delay closing the Tiwai Point aluminium smelter pushed Contact Energy and Meridian Energy higher. Exporters A2 Milk and Fisher & Paykel Healthcare fell.

Gold soars on global uncertainty; shares sink

5 August 2020 - New Zealand shares edged lower and gold hit another record as investors focused on the lingering uncertainty caused by the number of coronavirus cases continuing to rise globally.

Better news out of US and Europe drives NZX rally

4 August 2020 - New Zealand shares joined a rally across Asia as better than expected US and European manufacturing figures revived investors' confidence in the global economy. Fisher & Paykel Healthcare led the market higher.

NZ shares fall as Aussie lockdown bites

3 August 2020 - New Zealand shares fell as new lockdown measures - placed over parts of Australia to stem a resurgence of covid-19 - weighed down financial and travel stocks on the local market. Fruit exporter Scales dropped on downgraded earnings.

NZ shares rise as local earnings salvage sentiment

1 August 2020 - New Zealand shares rose as earnings updates from local firms and US tech companies outweighed data showing a record quarterly contraction for the US economy. Mainfreight hit an all-time high.

Property stocks give market cheer

29 July 2020 - New Zealand shares were buoyed by property stocks on news that Stride Property was maintaining its dividend despite the impacts of the covid-19 pandemic and lockdown.

NZ shares dip as investors await US earnings

28 July 2020 - New Zealand shares edged lower as investors became wary of a market correction ahead of earnings results from some of the United States’ biggest listed companies.

Gold pushed to a record, while NZ shares fall

27 July 2020 - New Zealand shares had a soft start to the week as building tensions between the US and China stoked demand for defensive assets such as gold, which hit an all-time high.

US-China tensions weigh on global outlook pushing NZ shares lower

24 July 2020 - New Zealand shares fell as the prospect of heightened tensions between the US and China weighed on the global economic outlook and prospects for corporate earnings.

Another down day on the market; Oceania reports weak earnings

23 July 2020 - New Zealand shares fell, led lower by Oceania Healthcare after it reported annual earnings significantly weaker due to covid-19.

A2 and F&P Healthcare pull the market down

22 July 2020 - New Zealand shares edged lower as the two biggest companies - Fisher & Paykel Healthcare and A2 Milk - weighed on the broader index, following Australia lower amid concerns over the latest wave of new covid-19 cases across the Tasman.

NZ shares surge on optimism over tech sector, covid vaccine

21 July 2020 - [UPDATED] New Zealand shares jumped on growing optimism among investors that US tech companies will deliver strong earnings in the current earnings season and that potential covid-19 vaccine trials are showing promise. (Corrected Heartland guidance).

NZ shares fall as investors worry about virus spread

20 July 2020 - New Zealand shares fell as a global spike in coronavirus cases kept the risk of further economic disruption on investors’ minds.

NZ shares rise as investors look for safety

17 July 2020 - New Zealand shares rose as the local economy's relatively strong recovery from the covid-19 lockdown attracted investors keen to limit their exposure to the likes of Australia and the US, where the virus is spreading once more.

Market gives back all recent gains

16 July 2020 - New Zealand shares snapped a three-day rally, as investors grew concerned about deteriorating US-China relations and the economic cost of a resurgence of covid-19.

NZ shares rise as vaccine trial boosts global sentiment

15 July 2020 - New Zealand shares rose for a third day as investors welcomed interim results of a covid-19 vaccine trial which showed a positive immune response to the virus.

Investor demand for reliable dividends wins the day

14 July 2020 - New Zealand shares rose as investors sought property stocks paying reliable dividends amid concerns over the covid-19 pandemic and heightened tensions between the US and China.

NZ shares rise as optimism over covid drug buoys Asia

13 July 2020 - New Zealand shares joined a rally across Asia, as upbeat investor sentiment spilled over from Wall Street's close on Friday on optimism over a late-stage trial for a hopeful covid-19 treatment.

Energy stocks drain market for second consecutive day

10 July 2020 - New Zealand shares fell as energy stocks declined for a second day following the announcement Rio Tinto’s New Zealand aluminium smelter will close.

Smelter closure pulls plug on energy stocks

9 July 2020 - New Zealand shares slumped, led by a sharp drop across the energy sector after Rio Tinto said it will close the Tiwai Point aluminium smelter next year, having given notice to its supplier Meridian Energy.

NZ shares fall as Melbourne lockdown spooks investors

8 July 2020 - New Zealand shares followed Australia lower as investors weighed up the economic impact of a covid-19 lockdown being re-imposed in the state of Victoria, where new cases of the coronavirus have spiked in the last week.

Investors bet on further central bank stimulus and low interest rates

7 July 2020 - New Zealand shares rose for a fourth day as investors bet that further central bank stimulus and ongoing low interest rates will continue to support equities.

NZ shares rise as Metlifecare jumps on new takeover bid

6 July 2020 - New Zealand shares rose, led by Metlifecare after the retirement village operator received a new takeover offer from its on-again, off-again suitor, EQT.

Market hits four month high

3 July 2020 - New Zealand shares rallied to a four-month high as some investors were encouraged by better-than-expected US jobs data and continued central bank support.

NZ shares rise as vaccine news spurs optimism

2 July 2020 - New Zealand shares rose as promising results from a covid-19 vaccine trial spurred optimistic investors to take positions in riskier stocks. Kathmandu Holdings led the market higher.

NZ shares fall on Auckland Airport guidance; F&P gives up gains

1 July 2020 - New Zealand shares fell on the back of a grim update from Auckland International Airport and Fisher & Paykel Healthcare gave up some of its recent gains.

First $20 billion New Zealand company minted

30 June 2020 - New Zealand shares extended yesterday’s gain, following Wall Street's lead overnight and as Fisher & Paykel Healthcare become the NZX’s first $20 billion company.

Local bourse bucks global slide on Fisher & Paykel result

29 June 2020 - New Zealand shares rose, led higher by Fisher & Paykel Healthcare which reported a record profit and a positive outlook as the pandemic spurs demand for medical supplies.

NZ shares rise as investors eye upbeat F&P Healthcare result

26 June 2020 - New Zealand shares edged higher, with Fisher & Paykel Healthcare among the day’s leaders as investors eye a strong result for the respirator maker on Monday.

Covid fears cast pall on sharemarket (again); Air NZ drops

25 June 2020 - New Zealand shares joined a global sell-off as fears the covid-19 pandemic has a new lease of life weighed on the outlook for company earnings. Air New Zealand dropped as trans-Tasman rival Qantas Airways announced a major restructuring.

Investors chasing yield push the sharemarket higher

24 June 2020 - New Zealand shares rose, led by companies offering reliable dividends such as Stride Property, as the Reserve Bank reaffirmed its commitment to near-zero interest rates. A weaker currency also boosted the fortunes of exporters including Pushpay Holdings and A2 Milk.

NZ shares fall as Ebos shareholder sells down; covid jitters remain

23 June 2020 - New Zealand shares fell as a cornerstone investor of Ebos Group sold down a 9 percent stake in the healthcare products company, dominating trading today. Investors also remain concerned about the threat of a second wave of covid-19.

NZ shares fall as fears of a second covid wave rise

22 June 2020 - New Zealand shares fell as investors grow increasingly concerned about a second wave of covid-19 disrupting the global economic recovery.

NZ shares rise; index moves push Port of Tauranga to record

19 June 2020 - New Zealand shares rose as index changes drove heavy trading and large moves in the likes of Port of Tauranga and Kiwi Property Group. An upbeat earnings season also supported investor sentiment.

Air NZ's share price brought back to earth; Heightened pandemic fears weigh on the market

18 June 2020 - New Zealand shares fell as weaker-than-expected data added to resurgent fears about the covid-19 pandemic. Air New Zealand dropped on a dire earnings outlook.

Market posts its biggest gain since March; A2 and F&P take the lead

17 June 2020 - The New Zealand share market posted its biggest gain since March, boosted by gains by A2 Milk and Fisher & Paykel Healthcare.

US Fed stimulus drives global rally; Including NZ

16 June 2020 - New Zealand shares joined a global rally as the US Federal Reserve's expanded bond buying programme fed investor optimism that central banks and legislators are doing everything they can to support the world economy.

NZ shares fall as new virus cases appear in China

15 June 2020 - New Zealand shares fell as a spate of new covid-19 cases in China spoiled investor sentiment across Asia. Casino operator SkyCity Entertainment Group led the market lower.

NZ shares fall as Asia joins global sell-off

12 June 2020 - New Zealand shares fell as stock markets across Asia followed Wall Street's lead as investor optimism over the pace of the recovery was brought to a halt by pessimistic economic outlooks and a growing number of new covid-19 cases in some US states.

Cold water poured on V-shaped recovery

11 June 2020 - New Zealand shares fell after the US Federal Reserve's pessimistic economic outlook threw cold water on markets that had priced in a V-shaped recovery.

NZ shares fall as world waits on the Fed

10 June 2020 - New Zealand shares dipped, taking a lead from Wall Street as investors began taking profit on recent gains and before the US Federal Reserve makes its first economic forecasts since the pandemic struck.

Strong kiwi weighs on exporters pushing sharemarket down

9 June 2020 - New Zealand shares fell as a strong kiwi dollar weighed on export heavyweights Fisher & Paykel Healthcare and A2 Milk, pushing the market lower and giving back much of yesterday’s gains.

NZX50 back in positive territory on optimism over recovery

8 June 2020 - The S&P/NZX 50 Index is back in positive territory after strong US employment data on Friday and the announcement the further easing of local covid-19 restrictions stoked investor optimism about the pandemic recovery.

NZ shares fall as kiwi dollar weighs on offshore earners

5 June 2020 - New Zealand shares fell as the strengthening kiwi dollar weighed on firms exposed to overseas earnings. Gentrack led the market lower.

Third consecutive day of gains on NZX as optimism persists

4 June 2020 - New Zealand shares rose for a third day as investors remain upbeat about the potential recovery from the pandemic disruption.

Investors eye covid recovery

3 June 2020 - New Zealand shares joined a global rally as investors grow increasingly optimistic about the recovery from the covid-19 outbreak.

NZ shares soar as investors get FOMO

2 June 2020 - New Zealand shares rose as investors found confidence in the Prime Minister bringing forward a decision about the move to alert level 1. Tourism Holdings and Gentrack led the market higher with double digit gains.

NZ shares outperform weaker global markets

29 May 2020 - New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions.

Early market rise undone by fears over US-China tensions

28 May 2020 - New Zealand shares reversed an earlier gain as Asian markets were sold off amid growing fears of a confrontation between the United States and China.

NZ shares buoyed by Mainfreight's upbeat outlook

27 May 2020 - New Zealand shares were led higher by Mainfreight after the logistics group's earnings weathered the worst of the covid-19 crisis at a time when investors grow more optimistic about the global economy reopening.

Easing Covid 19 restrictions buoy market

26 May 2020 - New Zealand shares rose as the further relaxing of global covid­-19 restrictions bolstered investor confidence.

NZ shares gain in light trading as investors eye US-China tension

25 May 2020 - New Zealand shares rose in light trading ahead of public holidays in the US and UK, as investors remain wary of growing tensions between the US and China.

China's lack of growth targets weighs NZ market down

22 May 2020 - New Zealand shares fell as China didn't set a target for gross domestic product growth, spurring concern about the global economic recovery.

Investors grow wary; market falls for second consecutive day

21 May 2020 - New Zealand shares fell for a second day as investors await earnings next week to gain a better sense of the economic outlook.

NZ shares mixed as investors turn cautious

20 May 2020 - NZ shares were mixed as cautious traders faced up to the realities of the ongoing economic crisis.

International vaccine news excites market

19 May 2020 - New Zealand shares followed Wall Street higher as investors were encouraged by positive data from a small covid-19 vaccine trial.

NZ shares rise on US futures and weakening currency

18 May 2020 - New Zealand shares followed US futures higher while the prospect of negative interest rates put pressure on the kiwi dollar, enticing investors on to the share market.

NZ shares edge lower as investors digest QE, covid fund

15 May 2020 - New Zealand shares fell as investors paused to digest the extra support from the government and Reserve Bank announced this week and what it means for the economy.

Investors fear slow global recovery

14 May 2020 - New Zealand shares fell as a warning of slow economic recovery from the US Federal Reserve prompted a global retreat from equity markets.

NZ shares fall on US fears of new outbreaks

13 May 2020 - New Zealand shares joined a global selloff as investor sentiment soured amid warnings that easing lockdowns could cause a second wave of covid-19 infections.

Choppy trading on market but tide rises

12 May 2020 - New Zealand shares continued to march higher as investors remained cautiously buoyed by the reopening of the economy and the virus outbreak passing. Vista Group International led the market higher.

Market rises as the economy reopens; Sky TV soars

11 May 2020 - New Zealand shares rose as investors welcomed Prime Minister Jacinda Ardern's announcement that the economy would reopen over the next 10 days. Sky Network Television led the market higher, joined by retail, entertainment and travel companies.

NZ shares rise as leisure economy set to resume

8 May 2020 - New Zealand shares rose as stocks exposed to consumer leisure sectors found support with coronavirus restrictions set to ease, led by pay-TV operator Sky Network Television.

Level 2 details boost Tourism Holdings, Restaurant Brands

7 May 2020 - New Zealand shares rose after investor confidence was bolstered by Prime Minister Jacinda Ardern's outline of alert level 2 restrictions. Tourism Holdings, Restaurant Brands, and Kathmandu Holdings were among the day's leaders.

NZ shares rise as Pushpay climbs to new heights

6 May 2020 - New Zealand shares rose, led by Pushpay Holdings, as the mobile payments app developer soared to new heights after signalling it was in for more growth.

Investors find hope in a trans-Tasman bubble

5 May 2020 - New Zealand shares edged higher, led by Kathmandu Holdings, which will start reopening its Australian stores this week and as investors found hope in the prospect of a trans-Tasman travel bubble.

NZ shares rise in late rally as blue chips gain

4 May 2020 - New Zealand shares rose as a strong rally in Australia helped overcome the subdued tone set over the weekend, and as investors were heartened by news that no new local covid-19 infections had been reported in the past 24 hours.

Investor fatigue sets in after April rally

1 May 2020 - New Zealand shares started May in a downbeat way as investors toned down the enthusiasm that drove the benchmark index's biggest monthly gain in four years.

Investors cash in April's gains' NZX down

30 April 2020 - New Zealand shares fell on the last day of the month as investors continued to bank profits from outperforming stocks and as large fund managers tweaked their portfolios in preparation for May.

NZX drops after rally; Property stocks sold down

29 April 2020 - New Zealand shares fell as investors cashed in on yesterday's strong rally and sold down property stocks to take advantage of Investore Property's discounted $100 million capital raising.

Shares rise as investors anticipate swift move to level 2

28 April 2020 - New Zealand shares rose in the first day of looser lockdown restrictions with investors optimistic that low infection rates could see the economy opened up further.

NZ shares fall as investors wait for economy to reopen

24 April 2020 - New Zealand shares edged lower as investors paused to take stock as they wait to see how conditions develop under alert level 3. Air New Zealand led the market lower.

Topsy turvy market conditions continue; NZX snaps 3 day losing streak

23 April 2020 - New Zealand shares snapped a three-day decline as global oil prices stabilised and upbeat investment sentiment on Wall Street flowed through to the local market. Refining NZ bounced back from yesterday's sharp drop.

NZ shares fall; oil price plunge weighs on Refining NZ

22 April 2020 - New Zealand shares fell for a third day after a fresh drop in global oil prices heightened concerns about the outlook for the global economy. Refining NZ, which operates the Marsden Point oil refinery, led the market lower.

Oil crash spooks investors; NZ shares fall

21 April 2020 - New Zealand shares joined a global selloff as a slump in US oil futures prices sapped investor sentiment that had been on the mend due to optimism over the slowing pace of covid-19 pandemic.

Market turns on lockdown news

20 April 2020 - New Zealand shares snapped a five-day rally as investors digested the impact of government plans to loosen the national lockdown next week.

NZ shares rise as covid-19 crater passes

17 April 2020 - New Zealand shares finished an already strong week with an extra surge as investors anticipated the end of strict lockdowns locally and in the United States. Tourism Holdings and SkyCity Entertainment Group notched up double-digit gains.

NZ shares rise as investor FOMO stokes demand for beat-up stocks

16 April 2020 - New Zealand shares rose for a third day as investors hoping to join the recent rally continued to buy into stocks impacted by the pandemic. Air New Zealand led the market higher.

Confidence returns to stocks: Vista bounces back, Refining NZ jumps on review

15 April 2020 - New Zealand shares rose as investors recovered confidence in the long-term prospects of heavily sold stocks amid signs the covid–19 pandemic may be beginning to ease. Vista Group International, Air New Zealand and Kathmandu Holdings all notched up double-digit gains.

NZ shares close at month-high on optimism over covid-19 response

14 April 2020 - New Zealand shares closed at their highest level in more than a month as investors were buoyed by the prospect of the lockdown coming to an end, with some of the hardest-hit stocks such as Vista Group International and Air New Zealand leading the market higher.

Investors cash in gains to chase value elsewhere

9 April 2020 - New Zealand shares fell as investors cashed in strong-performing stocks, including Fisher & Paykel Healthcare and A2 Milk, to pursue value in beaten up stocks which may be set for recovery.

Sharemarket cracks 10,000 mark

8 April 2020 - The S&P/NZX 50 Index closed above 10,000 for the first time in almost a month as dwindling numbers of new covid-19 cases helped buoy some of the most exposed sectors of tourism, retail and aged care.

Auckland Airport rallies after $1b placement; NZ market disconnects from offshore events

7 April 2020 - New Zealand shares rose as Auckland International Airport resumed trading after successfully raising $1 billion in a discounted placement to shore up its balance sheet.

NZ shares fall as investors make way for $1b Auckland Airport placement

6 April 2020 - New Zealand shares fell as investors freed up cash to take part in the $1 billion placement of new Auckland International Airport shares. Kiwi Property Group, Contact Energy and Fisher & Paykel Healthcare were all off the pace today.

NZ shares rise; Tourism Holdings rallies on joint venture exit

3 April 2020 - New Zealand shares rose, led by Tourism Holdings as investors welcomed news the rental RV operator would shore up its balance sheet by selling down its stake in a joint venture project rather than raising money at a steep discount.

After the ups; the downs

2 April 2020 - New Zealand shares fell, led by a slump in Kathmandu Holdings after the retailer raised funds at a steep discount. Fears about the severity of the covid-19 outbreak in the US also weighed on investor sentiment.

Investors eye eventual recovery

1 April 2020 - New Zealand shares rose as investors revisited some of the hardest hit stocks as they started preparing for other side of the covid-19 crisis.

Investors rejig portfolios; Gentrack soars

31 March 2020 - New Zealand shares rose as institutional investors increased their exposure to equities at the end of the March quarter, and as central bank support raises the prospect of a rally following the coronavirus crash. Gentrack soared after it affirmed earnings guidance.

Exporters F&P Healthcare, A2 enjoy weak kiwi; NZX rises

30 March 2020 - New Zealand shares were dragged higher as a weaker kiwi dollar lifted the value of export earnings for heavyweights Fisher & Paykel Healthcare and A2 Milk Co.

Volatile day on the market; Shares started up but ended down

27 March 2020 - New Zealand shares snapped a three-day rally in volatile trading, as investors continue to assess the fallout from the level 4 shutdown and as higher bond yields reduce the attraction of companies that typically pay a reliable dividend in ordinary times.

NZ shares rally on US stimulus; beat-up stocks recover

26 March 2020 - New Zealand shares rose for a third day as the US$2 trillion stimulus package bolsters investor confidence that governments are throwing everything at the covid-19 pandemic.

NZ shares gain; Wall Street rally brings out bargain hunters

25 March 2020 - New Zealand shares rose for a second day as a strong rally on Wall Street brought out investors on the prowl for bargains.

Government support package helps NZ shares rally

24 March 2020 - The New Zealand share market rallied on news government is expanding its business support package and as the US Federal Reserve announced it will take extreme measures to offset the global downturn.

NZ shares plunge as country prepares for shutdown

23 March 2020 - The share market plunged more than 7 percent today as the Prime Minister confirmed evidence of community transmission of covid-19 and announced the country had 48 hours to prepare for strict isolation.

New Zealand shares joins Asia rally; Air NZ plummets

20 March 2020 - New Zealand shares joined a rally across Asia, clawing back some of the week’s losses, despite Air New Zealand tumbling by a third after coming off a trading halt.

Stocks hit record lows as market suffers

19 March 2020 - New Zealand shares fell, with several companies hitting record lows, as investors grappled with the uncertainty of how long and deep the economic downturn will be as the pandemic continues to rattle financial markets.

A much better day for NZ shares

18 March 2020 - Investor panic subsided and New Zealand shares edged higher as government packages designed to blunt the economic pain from the pandemic offered some much coveted good news.

New Zealand shares ease as govt unveils $12.1b crutch for business

17 March 2020 - New Zealand shares recovered from an early selloff as the government announced a $12.1 billion stimulus package to bolster the domestic economy in the face of a looming recession.

Tourism stocks plunge as border effectively closed

16 March 2020 - New Zealand shares fell lower as investors reacted to new requirements that all travellers entering the country self-isolate for 14 days.

NZX50 recovers from horror open in volatile trading

13 March 2020 - New Zealand shares slumped almost 5 percent today, as the volatile market recovered some ground as the worsening pandemic triggered a historic global selloff.

Trump travel-ban drives NZX50 to nine-month low

12 March 2020 - New Zealand shares sank to a nine-month low as investors were shocked by US President Donald Trump's ban on all travellers from Europe.

Stock rally stalls as US virus response disappoints

11 March 2020 - New Zealand shares turned around an early rally as a lack of follow-through from the US on how it would respond to the covid-19 outbreak disappointed investors.

NZ shares recover in modest decline as cooler heads prevail

10 March 2020 - New Zealand shares bounced back from a sharp sell-off in early trading as investors regained some confidence that governments are taking steps to deal with the covid-19 outbreak.

NZX50 slumps 3% as investors flee for safe havens

9 March 2020 - The S&P/NZX 50 Index dropped almost 3 percent as investors fled the local stock market for safe havens leaving dividends behind, after oil prices collapsed following the OPEC meeting on Friday.

NZ shares fall; virus fears heighten volatility

6 March 2020 - New Zealand's benchmark stock index reversed yesterday’s gains, falling almost 2 percent as coronavirus fears fuelled market volatility.

Utilities buoy sharemarket

4 March 2020 - New Zealand shares rose for a second day despite a weak lead from Wall Street. Utilities led the local market higher as the prospect of low interest rates for longer made companies paying reliable dividends more attractive.

Six-day losing streak ends as central banks begin to act

3 March 2020 - New Zealand shares bounced back from a six-day downturn as investors found hope in speculation central banks around the world may be planning to coordinate an economic response to the coronavirus outbreak.

NZ shares fall for sixth day as virus fears escalate

2 March 2020 - New Zealand shares fell for the sixth consecutive day as the worsening virus outbreak continued to weigh on the local stock market, with travel companies including Air New Zealand among the hardest hit.

Companies take a hit a coronavirus fears spread

28 February 2020 - New Zealand shares followed global markets lower as the spread of coronavirus outside China continued, and the Ministry of Health confirmed a case in New Zealand late on Friday.

Investors sell down energy stocks

27 February 2020 - New Zealand shares slipped for a third day as kiwi energy stocks came under pressure and global markets continued to decline.

Pandemic fears drive NZ shares lower for a second day consecutive day

26 February 2020 - New Zealand shares sank for a second day as investors remained fearful that the spread of covid-19 could dent global growth.

NZ shares fall as the risk of global pandemic rises

25 February 2020 - New Zealand shares joined a global rout after the spread of coronavirus cases outside China caused stocks across Europe and the US to plunge as investors sought to avoid the risk of a global pandemic.

NZ shares tank following sudden spread of covid-19

24 February 2020 - New Zealand shares fell as a sudden increase of coronavirus infections outside Chinese borders unwound earlier confidence the outbreak might be contained.

Earnings season rewards investors

21 February 2020 - New Zealand shares edged higher today, rounding out the second week of major earnings with a 2 percent weekly gain.

NZX50 cracks 12,000 first time ever; Ebos, Auckland Airport earnings lift market

20 February 2020 - The S&P/NZX 50 Index broke through 12,000 for the first time after Ebos Group and Auckland International Airport reported strong half-year earnings.

Fletcher and Spark earnings settle investors

19 February 2020 - New Zealand shares rose as first-half earnings reports from Fletcher Building and Spark New Zealand brought confidence to investors.

Heartland highlight in NZ shares reporting season

18 February 2020 - New Zealand shares rose as the local earnings season continued with investors heartened by a strong result from Heartland Group Holdings.

Weaker Kiwi buoys A2, F&P Healthcare

17 February 2020 - New Zealand shares rose, led by A2 Milk and Fisher & Paykel Healthcare as a weaker kiwi dollar helped boost the value of their overseas earnings.

NZ shares fall as Synlait declines another day

14 February 2020 - New Zealand shares fell as Synlait Milk led the market lower for a second day after it slashed its earnings outlook yesterday.

Synlait Milk slumps to 2-year low; NZ shares fall

13 February 2020 - New Zealand shares were led lower by Synlait Milk after the dairy company slashed its earnings outlook, citing a weak infant formula market and the risk posed by the covid-19 outbreak to its supply chain.

NZ shares buoyed by RBNZ optimism of brief coronavirus hit

12 February 2020 - New Zealand shares rose as investors took heart from the Reserve Bank indicating the impact of the coronavirus outbreak on the domestic economy and corporate earnings would be short-lived.

Coronavirus fears boost demand for yield plays

11 February 2020 - New Zealand shares rose as companies paying reliable dividends became more attractive in an environment where fears over the economic impact of the coronavirus outbreak have pushed down global bond yields.

New Zealand shares fall as investors go on “buyers strike”

10 February 2020 - New Zealand shares fell as investors were unnerved by news that the coronavirus fatality rate passed that of the SARS outbreak almost two decades ago.

NZ shares rise as investors catch up with Australian gains

7 February 2020 - New Zealand shares rose today, as investors played catch up to the Australian market which rose sharply on Thursday while the local market was closed for Waitangi Day.

After a few downers NZ shares get an upper

5 February 2020 - New Zealand shares rebounded today, as a strong lead from Wall St and stimulus from the People’s Bank of China buoyed Asian markets from coronavirus fallout and caused investors to walk back a portion of the recent sell off.

Coronavirus weighing on exporters; NZ shares fall

4 February 2020 - New Zealand shares fell today, led lower by export stocks as coronavirus continued to propel investor decision making.

New Zealand shares fall as mainland Chinese markets reopen

3 February 2020 - New Zealand shares fell as the coronavirus outbreak continued to weigh on investor confidence, however, it weathered a savage reopening to Chinese equity markets as a weaker kiwi dollar buoyed exporters.

Upbeat ending for sharemarket this week; F&P Healthcare gets strong lead from rivals

31 January 2020 - New Zealand shares ended the week on an upbeat note after stock markets were knocked around by the global outbreak of coronavirus. A weaker kiwi dollar buoyed exporters such as Fisher & Paykel Healthcare.

Shares flat-line as coronavirus concerns reemerge

30 January 2020 - New Zealand shares were mixed as defensive stocks such as Spark New Zealand insulated the wider market from a new wave of concerns over the coronavirus outbreak.

NZ shares narrowly miss regional rally

29 January 2020 - New Zealand shares fell despite a rally in the Asian markets today. SkyCity Entertainment Group led the market lower, as investors continue to assess the economic impact of the coronavirus outbreak.

Coronavirus hits tourism stocks again

28 January 2020 - New Zealand shares fell for a third day as investors attempted to price the risk posed by coronavirus. Tourism-related companies including Tourism Holdings and Air New Zealand led the market down.

Coronavirus ripples through markets driving shares down; utilities down

24 January 2020 - New Zealand shares fell as the outbreak of coronavirus continued to weigh on tourism-related companies, and as a flatter interest rate outlook sapped the attraction of companies paying reliable dividends.

NZ shares edge higher as Chinese virus fears weigh

23 January 2020 - New Zealand shares edged higher as investors continue to assess the impact of the coronavirus outbreak in China.

NZX50 hits record as Asia recovers from virus fears

22 January 2020 - The S&P/NZX 50 Index rose to a record as investor confidence recovered from yesterday's fears over the outbreak of coronavirus in China. A2 Milk led the gain.

Resilient NZ market an attractive harbour for nervous investors

21 January 2020 - New Zealand shares rose as the resilient local market provided an attractive harbour for investors anxious about the spread of coronavirus in China. Defensive stocks such as utilities and property companies led the gain.

NZ shares fall as Gentrack paints grim earnings outlook

20 January 2020 - New Zealand shares fell today with Gentrack leading the market lower as the software company painted a grim picture for future earnings.

NZ shares extend strong start to 2020 as blue chips gain

17 January 2020 - New Zealand shares continued their strong start to the decade, with a raft of blue-chip stocks leading the benchmark index higher. Gentrack bounced back from its sharp sell-off in recent days.

Investors regain confidence in utilities

16 January 2020 - New Zealand shares continued their march in uncharted territory as utilities such as Contact Energy and Meridian recovered some investor support.

Sharemarket hits record as investors eye US-China trade deal

15 January 2020 - The S&P/NZX 50 Index broke new ground as investors await the signing of the preliminary US-China trade deal. Gentrack slumped as a potential major customer backed out of a deal.

NZ shares join global rally as upcoming US-China trade buoys investors

14 January 2020 - New Zealand shares joined a global rally as the upcoming preliminary trade deal between the US and China underpinned optimism about global growth, and revived confidence in tech stocks such as Gentrack.

NZ shares follow soft Wall St lead

13 January 2020 - New Zealand shares took their cue from a soft lead on Wall Street as investors started the week on a cautious note.

NZ blue-chips lead market higher

10 January 2020 - New Zealand shares were led higher by stronger blue-chip stocks including Meridian Energy and Port of Tauranga in subdued trading through the first full week after the Christmas and New Year holiday.

Heavyweights drag sharemarket down

9 January 2020 - New Zealand shares were dragged lower as the market’s biggest companies, including Meridian Energy, Ryman Healthcare and Auckland International Airport, were among those sold off.

Iranian missiles bring market down; Burger Fuel serves last burger in Iraq

8 January 2020 - New Zealand shares joined a global sell-off as Iran’s retaliatory attack on US military bases dented investor confidence.

Yield plays remain attractive to investors

7 January 2020 - New Zealand shares were dragged higher as blue-chip companies offering reliable dividends, such as Meridian Energy and Spark New Zealand, gained amid light trading in an uneasy market.

NZ shares shrug off Middle East tensions; Infratil gains

6 January 2020 - New Zealand shares were one of the outliers across Asia, shrugging off heightened tensions in the Middle East and higher oil prices. Infratil rose on a sharp lift in the value of its data centre investment.

NZX50 rounds out 30% gain in 2019

1 January 2020 - The S&P/NZX 50 Index rose 30.4 percent in 2019 as low interest rates and a relatively robust economy encouraged investors to pursue returns in equity markets.

NZ shares fall as blue chips take a breather; Metlife buoys retirement sector

27 December 2019 - New Zealand shares fell in light holiday trading as blue-chip stocks including Auckland International Airport, Spark New Zealand and A2 Milk ended the day weaker. Retirement village stocks continued to gain with Metlifecare’s takeover one step closer.

Retirement village shares feature in subdued Christmas trading

24 December 2019 - New Zealand shares rose in shortened holiday trading, as retirement village operators continued to be buoyed by the prospect of Metlifecare’s takeover.

NZ shares gain; retirement village operators buoyed by M&A

23 December 2019 - New Zealand shares rose as the prospect of a higher takeover bid for Metlifecare whetted investor appetite for other retirement village operators, while Restaurant Brands hit a record on its foray into California.

Record year beckons for NZ shares; index reweighting drives big volume

20 December 2019 - The S&P/NZX 50 Index remains on track for a record year, nudging higher in heavy trading as investors made way for the latest index reweightings ahead of the holiday period.

Sharemarket extend gains; Metlifecare knocks back takeover bid

19 December 2019 - New Zealand shares extended their gains in what’s shaping up to a record year, with Metlifecare gaining after knocking back a takeover bid at considered too low.

NZ shares march higher as holiday trading takes hold

18 December 2019 - New Zealand shares rose to a record close in relatively light trading through most of the day as the holiday season starts to take hold.

Sharemarket plays catch up after yesterday’s outage

17 December 2019 - New Zealand shares were stronger as they played catch up from yesterday’s late outage, with heavier trading than usual.

NZ shares dip as NZX outage stops trading early

16 December 2019 - New Zealand shares were slightly weaker when trading ended early as the stock market operator dealt with connectivity issues.

Z Energy sinks on profit warning

13 December 2019 - New Zealand shares fell as Z Energy’s warning of lower profits and smaller dividends cast a long shadow over the market.

Infrastructure spend buoys investors; Bellweather stock rises

12 December 2019 - New Zealand shares rose as the government’s efforts to stoke the economy with infrastructure spending continued to overshadow uncertainties around Brexit and the lingering China-US trade talks.

NZ shares nudge higher; ports gain ahead of Northport study

11 December 2019 - New Zealand shares edged higher after a late rally, with most port stocks stronger ahead of tomorrow’s release of the upper North Island supply chain study recommending Northport take over as the principal import port for Auckland.

NZ shares rise as A2 recovers

10 December 2019 - NZ shares rose as A2 Milk recovered from yesterday's decline on the surprise departure of its chief executive, while blue-chip stocks Ryman Healthcare and F&P Healthcare also booked strong gains.

A2 CEO’s shock exit weighs on stock market

9 December 2019 - New Zealand shares fell, led by A2 Milk after the milk marketing company’s chief executive unexpectedly left the company, effective immediately.

A2 Milk boss steps down, NZSA says board must be held to account

9 December 2019 - A2 Milk Co chief executive and managing director Jayne Hrdlicka will step down from her role effective immediately and former head Geoffrey Babidge will take the helm while a search for a replacement is underway.

NZ shares edge higher as US-China trade talks drag on

6 December 2019 - New Zealand shares rose as investors count down for China and the US to cut a trade deal before tariffs take effect in 10 days.

Banks rally on Reserve Bank capital decision

5 December 2019 - New Zealand shares rose as bank stocks rallied when the Reserve Bank's new capital adequacy rules weren’t as harsh as some investors feared.

NZ shares dip on eve of major regulatory decisions

4 December 2019 - New Zealand shares dipped ahead of major regulatory decisions on domestic banking and fuel markets tomorrow.

NZ shares join global decline; US tariff move weighs on exporters

3 December 2019 - New Zealand shares joined a global sell-off as a revival in US trade protectionism added to pessimism among global investors. Local exporters were among the hardest hit as a stronger kiwi dollar combined with the souring sentiment.

Five day streak of gains ends; Gentracks leads market lower

2 December 2019 - New Zealand shares snapped five days of gains, led lower by Gentrack as investors fretted over how the utilities software developer will cope with ongoing turmoil in Britain’s electricity market.

NZX50 gains 4.9% in November as M&A boosts retirement sector

29 November 2019 - The S&P/NZX 50 Index rose 4.9 percent in November as retirement village operators were boosted by potential merger and acquisition activity and A2 Milk mounted a comeback on strong earnings guidance.

NZX50 hits record; buoyed by business confidence, M&A

28 November 2019 - The S&P/NZX 50 Index hit a record as investor sentiment was buoyed by a recovery in the latest business confidence survey and a better than expected earnings season, and a growing appetite among private equity buyers to pursue mergers and acquisitions.

NZ shares gain as F&P has solid first half

27 November 2019 - NZ shares rose as Fisher & Paykel Healthcare gained, cracking $12 billion in market value after lifting first-half profit.

MSCI reweighting drives mammoth volume on NZX

26 November 2019 - The S&P/NZX 50 Index rose back above 11,000 as the official MSCI New Zealand Index reweightings drove more than half a billion dollars of activity in the market's busiest day for almost a year-and-a-half.

Optimism over US-China trade deal welcomed by the market; Cracks at Metroglass

25 November 2019 - New Zealand shares were buoyed by upbeat sentiment across Asia as investors clung to hopes that a China-US trade deal could be reached before the end of the year.

Gentrack sinks on profit warning; NZ shares fall overall

23 November 2019 - New Zealand shares fell, led lower by Gentrack, after the utilities software developer downgraded its earnings and gave a flat outlook for 2020.

NZ shares fall as US-China trade concerns weigh on markets; Ryman slips

21 November 2019 - New Zealand shares joined the lull across Asia-Pacific markets as investors grow increasingly pessimistic about China-US trade relations. Ryman Healthcare fell on disappointment that its earnings forecast wasn't stronger.

NZ shares rise; Metlife jumps on takeover talk

20 November 2019 - New Zealand shares were led higher by Metlifecare after the retirement village operator said it had attracted a sub-par offer from a credible buyer.

A2 soars; Ebos slides on major stake sale

19 November 2019 - New Zealand shares were led higher by A2 Milk after the firm gave upbeat earnings and margin guidance, more than offsetting a five-month low for Ebos Group when its cornerstone shareholder pared back its holding.

Not a great Monday on the market: Sky TV, Steel & Tube warn on earnings

18 November 2019 - New Zealand shares fell as investor confidence was dented by profit warnings from Sky Network Television and Steel & Tube Holdings.

NZ shares edge lower; power companies under pressure

15 November 2019 - New Zealand shares edged lower as electricity companies remained under pressure as the future of the Tiwai Point smelter remains uncertain and after a weak operating update from Contact Energy.

NZ shares recover as investors re-think RBNZ review

14 November 2019 - New Zealand shares recovered some of yesterday’s sell-off as investors digested the impact of the Reserve Bank's announcement yesterday of an unchanged 1 percent cash rate on high-yield stocks.

NZ shares sink after RBNZ keeps OCR at 1%

13 November 2019 - New Zealand shares fell after the Reserve Bank surprised investors by keeping the official cash rate at 1 percent, meaning stocks held for reliable dividends didn't become even more attractive from ever-lower interest rates.

Gentailers dominate trade; Mercury wind farm has investors revisiting smelter fears

12 November 2019 - New Zealand shares edged higher as Mercury NZ's decision to press ahead with the second stage of what will be the country's biggest wind farm had some investors revisiting their fears of the energy-hungry Tiwai Point smelter closing.

Retirement villages buoyed by Auckland housing market bounce

11 November 2019 - New Zealand shares gained, led by Summerset Group, as retirement village operators extended their gains following signs of a recovery in the Auckland property market. Abano Healthcare jumped on a takeover bid.

NZ shares rise as Fletcher remains in MSCI index

8 November 2019 - New Zealand shares gained as Fletcher Building and Mercury NZ rose on the back of their inclusion in the MSCI New Zealand Index.

NZX50 firms in mixed trade: Pushpay extends gain while Trustpower falls

7 November 2019 - The key New Zealand share index was mildly stronger despite the number of its constituents falling matching those that gained. Pushpay Holdings extended its gains after reporting strong results and A2 Milk bounced back from Wednesday's sell-down.

A2 Milk faces new China competition driving down share prices

6 November 2019 - New Zealand shares declined after A2 Milk fell on news of a new competitor in China's infant formula market and as rising bond yields made dividend stocks less attractive.

NZ shares nudge up amid growing optimism over US-China trade

5 November 2019 - New Zealand shares joined a rally across Asia as investors remained confident that US and China will end their protracted trade war. Fletcher Building led the market higher as the stock continued its recovery this month.

NZ shares rise on improved US-China trade outlook

4 November 2019 - New Zealand shares joined a rally across Asia as easing trade tensions between the US and China helped buoy investor sentiment. Exporter Fisher & Paykel Healthcare was among firms that gained.

Tiwai still plagues power companies; property rises

1 November 2019 - New Zealand shares fell, as investors continued to assess the impact of Rio Tinto’s threat to close the Tiwai Point smelter. However, property stocks had a strong day, led by Vital Healthcare Property Trust.

NZX50 falls 1.3% in October; investors ponder smelter future, index reweighting

31 October 2019 - The S&P/NZX 50 Index fell 1.3 percent in October as the threat of Tiwai Point smelter closing weighed on electricity companies and as investors prepared for the upcoming reweighting of the MSCI index.

Shares dip; Kiwi Property capital raising hogs the headlines; Plenty to look forward to tomorrow

30 October 2019 - New Zealand shares dipped as Kiwi Property Group's plans to raise up to $210 million kept investors busy ahead of the US Federal Reserve's policy review overnight and a slew of local company earnings and annual meetings tomorrow.

NZ shares edge higher on growing hopes for US-China trade

29 October 2019 - New Zealand shares edged higher as growing optimism for a US-China trade deal helped buoy investor sentiment across most of Asia. Auckland International Airport and the Fonterra Shareholders' Fund led the market higher.

NZX50 stumbles over smelter scare

25 October 2019 - New Zealand shares fell 2.5 percent this week as the threat of the Tiwai Point smelter closure tripped up electricity companies that had been on a tear, and gave investors cause to ponder the slowing economy.

NZ shares fall as yield stocks face selling

24 October 2019 - New Zealand shares fell, with a number of utilities and property stocks held of their reliable dividends leading the market lower. Power companies were generally flat on large volumes after yesterday's savaging.

Investors dump power companies on smelter scare

23 October 2019 - New Zealand shares dropped as Contact Energy, Meridian Energy and the other power companies were sold off sharply on the prospect of the Tiwai Point smelter facing potential closure.

NZ shares follow Asia higher; SkyCity falls as fire rages

22 October 2019 - New Zealand shares were broadly stronger, joining the upbeat mood across Asia. SkyCity Entertainment Group hit a seven-week low as a fire atop the firm's new international convention centre raged throughout the day.

NZ shares edge lower as global ructions weigh; Tourism Holdings sinks

21 October 2019 - New Zealand shares edged lower as global investors were unnerved by the uncertainty over the Brexit outcome and a slowing pace of growth in China. Tourism Holdings dropped to a two-month low.

Blue-chip stocks Meridian, A2 lead market lower

19 October 2019 - New Zealand shares fell, led by blue-chip stocks such as Meridian Energy and A2 Milk Co, as weaker than expected Chinese growth weighed on Asian markets.

NZ shares fall as Pushpay follows Aussie software firms lower

17 October 2019 - New Zealand shares fell, led by Pushpay Holdings, as the payments app developer got dragged down by pessimistic analyst reports on ASX software firms Wisetech Global and Afterpay.

Fourth day of gains; Restaurant Brands climbs on upbeat outlook

16 October 2019 - New Zealand shares rose for a fourth day, with Restaurant Brands New Zealand among the strongest performers after the fast-food operator gave upbeat guidance for its annual earnings.

NZ shares rise; F&P Healthcare gains for 3rd day

15 October 2019 - New Zealand shares rose, as Fisher & Paykel Healthcare extended its run after raising earnings guidance yesterday on an earlier than expected US regulatory approval.

Sky soars on NZ Rugby deal; Market up overall

14 October 2019 - New Zealand shares rose, led by a strong recovery in Sky Network Television after the pay-TV operator all-but secured rugby broadcasting rights in a deal that will also bring NZ Rugby on as a substantial shareholder.

NZ shares rise; Sky TV recovers on rugby rights rumour

11 October 2019 - New Zealand shares started soft but ended stronger as Sky Network Television pared back some of yesterday’s losses amid speculation it's won the rights to broadcast All Blacks and Super rugby matches.

NZ shares fall; Sky routed on lost cricket rights

10 October 2019 - New Zealand shares fell as Sky Network Television was routed by the loss of its rights to broadcast domestic cricket matches, the stock slumping to an all-time low in heavy trading.

Trade concerns weigh on market; Fonterra recovery pauses

9 October 2019 - New Zealand shares fell as fears over the US-China trade war re-emerged and weighed on investor confidence across the region. The Fonterra Shareholders' Fund's recent rally also took a breather.

NZ shares join Asian rally on optimism over trade talks

8 October 2019 - New Zealand shares joined a rally across Asia as investors were more optimistic about the upcoming trade negotiations between the US and China.

NZ shares rise in quiet trading as Fonterra hits 4-month high

7 October 2019 - New Zealand shares rose in quiet trading, led by Fonterra Shareholders' Fund units which hit a four-month high as investors and suppliers take some confidence in the dairy processor's new strategy.

Market rebounds; Kathmandu rises after bookbuild

4 October 2019 - New Zealand shares rose after two days of decline, amid a volatile international market. Outdoor retailer Kathmandu helped move the market higher.

NZ shares fall on growth fears, trade war expansion

3 October 2019 - New Zealand shares continued to decline in the wake of data suggesting the US economy is slowing and after the US threatened to open another front in its trade war, this time with Europe.

NZ shares fell on concerns about stalling global growth

2 October 2019 - New Zealand shares played follow-the-leader, following Wall Street lower after poor US manufacturing data highlighted the risks to the global economy.

Investor demand continues for yield stocks

1 October 2019 - NZ shares followed international markets higher as the low-interest-rate environment continues to see investor demand for yield stocks.

Firm start to the week as A2 drives NZ shares higher

30 September 2019 - New Zealand shares edged higher today led by A2 Milk, while retirement village stocks were among the day’s gainers.

Property stocks rise while gentailers fall. Market edge up in quiet trading overall

27 September 2019 - New Zealand shares edged higher in relatively quiet trading, with property stocks including Kiwi Property Group and Stride Property among the day's gainers. Electricity generators were largely weaker.

Investors unnerved by global uncertainty; Fonterra jumps but market falls

26 September 2019 - New Zealand shares fell, led lower by exporters Synlait Milk and Pushpay Holdings, as investors remained nervous about the global economy. Fonterra Shareholders' Fund units rallied as the dairy giant unveiled a new strategy to get earnings back on track.

Yield stocks back in favour with investors; Air NZ takes off

25 September 2019 - New Zealand shares outperformed the rest of Asia, edging higher as yield stocks such as Trustpower and Infratil were back in favour among investors. Air New Zealand rose as rival Jetstar signalled it will stop flying regional routes.

NZ shares fall as A2 hits 7-month low; Spark still defies naysayers

24 September 2019 - New Zealand shares fell, as a seven-month low for A2 Milk outweighed the revival in appetite among investors for high-yielding stocks such as Meridian Energy and Chorus.

NZ shares buoyed by prospect of low rates; Spark gains

23 September 2019 - New Zealand shares rose, bucking international leads, as the prospect of persistently low interest rates continues to buoy the local equity market. Spark New Zealand defied negative headlines to end the day stronger.

NZ shares gain; index reweighting drives heavy trading in Kiwi, Kathmandu

20 September 2019 - New Zealand shares rose in heavy trading as Kiwi Property Group and Kathmandu Holding gained on strong volumes, with the quarterly index reweighting driving traffic.

NZ shares gain; appetite for KFC helps Restaurant Brands hit record

19 September 2019 - New Zealand shares rose, led by a recovery in fuel retailer Z Energy and as Restaurant Brands New Zealand hit a record.

NZ shares fall; Goodman placement sees property stocks sold

18 September 2019 - New Zealand shares fell, with heavy trading in property stocks as investors cleared their books to make way for a $150 million placement in Goodman Property Trust.

NZ shares gain: F&P Healthcare rallies on big volume, Synlait extends gain

17 September 2019 - New Zealand shares snapped a six-day decline as export-focused firms such as Scales Corp and Fisher & Paykel Healthcare benefited from a weaker currency. Synlait Milk extended its gain amid merger and acquisition activity in Australia's dairy sector.

High oil prices weigh on Air NZ, Mainfreight; Shares close down

16 September 2019 - New Zealand shares fell as the attack on Saudi Arabian oil facilities unnerved investors and higher oil prices weighed on transport stocks including Air New Zealand and Mainfreight.

NZ shares fall for 5th day; Z Energy sold off further

13 September 2019 - New Zealand shares fell for a fifth session, with Z Energy coming in for another heavy day of selling after downgrading its earnings outlook yesterday. Blue-chip stocks were generally weaker.

Z Energy, Synlait crash on earnings downgrades

12 September 2019 - New Zealand shares fell as investors punished fuel retailer Z Energy and dairy processor Synlait Milk for earnings downgrades.

NZ shares sink; rising rates sap demand for yield stocks

11 September 2019 - New Zealand shares dropped to a one-week low as higher interest rates reduced demand for reliable dividends from the likes of Meridian Energy and Spark New Zealand.

NZ shares fall in light trading; power companies come off the boil

10 September 2019 - New Zealand shares fell with the major electricity generator-retailers giving up some of their recent gains. Air New Zealand led the market lower.

Shares snap six-day gain; A2 falls

9 September 2019 - New Zealand shares snapped a six-day winning streak as investors pause for breath with the benchmark index near a record and outperforming all bar China's CSI 300 Index across Asia so far this year. A2 Milk led the market lower.

NZX50 climbs 4.1% in week; yield demand reigns

6 September 2019 - The S&P/NZX 50 Index hit a record, rising  4.1 percent this week with high-yielding utilities and property stocks still in hot demand against a backdrop of ultra-low interest rates.

Shares march higher as low rates keep yield attractive

5 September 2019 - New Zealand shares continued their march into uncharted territory as the low interest rate outlook continues to boost the allure of firms paying reliable dividends, such as property investors and power companies.

Sharemarket cracks another milestone; Vista, Pushpay recover

4 September 2019 - The S&P/NZX 50 Index cracked another milestone, climbing above 11,000 for the first time, as export-based software firms Vista Group International and Pushpay Holdings got a boost from a weaker currency.

NZ shares outperform Asia; Contact, Meridian in demand

3 September 2019 - New Zealand shares outperformed Asia as companies offering reliable incomes, such as Contact Energy and Meridian Energy, remain attractive in a period of heightened global uncertainty.

NZ shares gain; yield stocks Contact, Meridian still in favour

2 September 2019 - New Zealand shares rose as the low interest rate outlook continues to add to the lustre of companies with reliable dividends such as Contact Energy and Meridian Energy.

Vista recovers in heavy day of trading

30 August 2019 - New Zealand shares rose in heavy trading, led by Vista Group International which recovered some of yesterday’s sharp sell-off.

Investors savage Vista after it misses earnings target

29 August 2019 - New Zealand shares fell, led lower by Vista Group International, which was punished for dialling back its expectations for revenue growth.

NZ shares rise; F&P Healthcare jumps on modest earnings upgrade

28 August 2019 - New Zealand shares rose, led higher by Fisher & Paykel Healthcare on a modest increase in forecast earnings. Port of Tauranga rose as record cargo volumes underpinned its profit gain.

NZ shares recover; demand for yield boosts Meridian, Spark

27 August 2019 - New Zealand shares recovered some of yesterday's decline as the demand for reliable income boosted yield stocks such as Meridian Energy and Spark New Zealand. Tourism Holdings gained after confirming annual profit beat guidance.

Trump's trade tweets drive NZ shares lower; Freightways caution weighs

26 August 2019 - New Zealand shares joined a worldwide sell-off as US President Donald Trump spooked investors by ratcheting his trade war with China. That weighed on the local reporting season, which saw Freightways punished for its cautious outlook.

Yield stocks sold off; Skellerup drops

23 August 2019 - New Zealand shares fell as diminishing expectations for interest rates to go lower sapped the appeal of companies held for their dividends such as Meridian Energy and Chorus. Skellerup led the index lower after reporting a record profit.

NZ shares gain as Ebos, Air NZ earnings meet expectations

22 August 2019 - New Zealand shares rose as the domestic earnings season continued, with Ebos Group and Air New Zealand meeting investors' expectations. Spark New Zealand rose for a second day on unusually large volumes.

Big Wednesday: A2 squeezed over margins; Fletcher and Spark shine

21 August 2019 - NZ shares sink as investors punish A2 over marginsNew Zealand shares dropped in one of the reporting season's busiest days as A2 Milk fell to a six-week low when its margins disappointed investors. Fletcher Building and Spark New Zealand both gained on their results.

Napier Port has promising debut; NZ shares rise

20 August 2019 - New Zealand shares rose as Napier Port Holdings climbed on debut, rising 13.5 percent to $3 from its IPO price of $2.60 a share.

NZ shares gain as tweaked earnings outlooks boost A2, weigh on Fletcher

19 August 2019 - New Zealand shares snapped a six-day decline, rising ahead of a flurry of company results this week as investors adjusted their earnings expectations to the benefit of A2 Milk and detriment of Fletcher Building.

NZ shares fall as global uncertainty weighs on utilities; Sky gains on M&A

16 August 2019 - New Zealand shares fell for a sixth session, led lower by utilities Vector and Chorus, as investors remain concerned trade and geopolitical tensions could trigger a global recession. Sky Network Television gained after buying a new online rugby business.

NZ shares join global rout as bond markets stoke recession fears

15 August 2019 - New Zealand shares joined a global slump as investors fretted over the prospect of a worldwide recession in the wake of bond market pricing. Heartland Group was among the few local stocks in positive territory after reporting solid earnings growth.

Reporting season on track; Sky City signals growth ahead

14 August 2019 - New Zealand shares dipped as the local reporting season continued to meet expectations with SkyCity Entertainment Group posting a small increase in underlying earnings and signalling growth in the current year.

NZ shares join global lull as investors remain nervous

13 August 2019 - New Zealand shares joined a global decline as investors remain unnerved by heightened geopolitical tensions. Domestic earnings met expectations but failed to stoke local investor confidence.

NZ shares flatline in light trading; Fonterra sinks after dropping dividend

12 August 2019 - New Zealand shares barely budged in relatively light trading as Contact Energy met earnings expectations in kicking off the reporting season. Fonterra Shareholders' Fund units sank as the dairy giant dashed hopes for a dividend this year.

Sharemarket edge lower as investors await earnings season

9 August 2019 - New Zealand shares edged lower as investors prepare for earnings season to kick into life, with the outlook for dividends a key feature after the Reserve Bank's surprisingly steep rate cut this week.

Kathmandu produces 'ripper' result

8 August 2019 - New Zealand shares rose for a second day, led by Kathmandu Holdings after the outdoor equipment chain beat earnings expectations and as record-low interest rates continue to support yield stocks.

NZ shares climb as rate cut stokes demand for yield stocks; Mercury gains

7 August 2019 - New Zealand shares gained after the Reserve Bank's unexpectedly large interest rate cut revived demand for yield stocks, boosting the likes of Mercury NZ to a record.

NZ market dives on escalating US-China trade war

6 August 2019 - The New Zealand share market took a hit in a day of red on signs China may use its currency to stand up to the US in the two countries’ escalating trade war.

Milk shares droop on trade tensions; Local market follows Asia lower

5 August 2019 - New Zealand shares followed offshore markets lower amid trade tensions between the US and China and as investors await another local interest rate cut this week.

NZ stocks edge higher, led by Contact; Asian markets slide

2 August 2019 - New Zealand shares edged higher despite a slide in Asian markets on renewed concerns for the global trade outlook. Contact Energy led the gainers as local investors prepare for coming earnings.

NZ shares mixed, weighed by A2 Milk, Tourism Holdings

1 August 2019 - New Zealand shares were mixed, weighed by some profit-taking in the A2 Milk company and a slide in Tourism Holdings.

Woes around the building sector weigh on market

31 July 2019 - New Zealand shares fell as a gloomy local construction sector and warnings about the state of building conditions in Australia weighed on Fletcher Building.

Growth stocks do well v electricity ones

30 July 2019 - New Zealand shares rose, boosted by gains in Sky Network Television and Spark New Zealand after they cut a deal that will let the pay-TV operator's commercial customers access the rugby world cup using a Sky decoder.

NZ shares rise as A2 buoyed by Bubs result

29 July 2019 - New Zealand shares rose as A2 Milk and Synlait Milk were buoyed by a strong June quarter for infant formula maker Bubs Australia. Ebos Group led the market higher on a light volume.

Market ends week lower; Sky TV and A2 fall

26 July 2019 - New Zealand shares fell, led lower by Sky Network Television, as investors remain wary of the pay-TV operator's plans to get into online streaming. A2 Milk's sheen also came off in a regional sell-off.

NZ shares resume march higher as A2 hits record; Gentrack sinks

25 July 2019 - New Zealand shares bounced back from yesterday's dip, as A2 Milk Co closed at a record with investors still upbeat about the milk marketing firm's outlook. Gentrack dropped to a six-week low after cutting its earnings guidance.

NZ shares take a breather after hitting a fresh record

24 July 2019 - New Zealand shares were mixed after five successive daily gains with leading stocks A2 Milk, Fisher & Paykel Healthcare and Ryman Healthcare surrendering some of their recent gains.

Market trucks on as Mainfreight and A2 hit new highs

23 July 2019 - New Zealand shares extended their gain as Mainfreight and A2 Milk Co hit highs on strong demand for the export-focused stocks that have reliably outperformed expectations. Sky Network Television led the market higher.

Fourth straight day of share price rises; Exporters gain; Sky leads

22 July 2019 - New Zealand shares rose for a fourth day, outperforming the rest of Asia, as exporters including A2 Milk Co, Mainfreight, and Fisher & Paykel Healthcare all gained. Sky Network Television led the market higher.

NZ shares extend gain as passive funds bolster prices; Tourism Holdings climbs

19 July 2019 - New Zealand shares remained in record territory as passive investment funds appeared to support the upward trend in school holiday-affected trading. Tourism Holdings led the market higher when it resumed trading.

NZX50 hits record as yield stocks remain in vogue

18 July 2019 - New Zealand shares outperformed Asia as companies offering reliable dividends helped lift the benchmark index to a record. Meridian Energy and Z Energy led the market higher.

NZ shares edge higher in quiet trading; weaker currency buoys exporters

17 July 2019 - New Zealand shares edged up in quiet trading as exporters including Tourism Holdings and Air New Zealand led the market higher as a weaker currency underpinned their international earnings. Fletcher Building dropped below the $5 mark.

Shares fall for second consecutive day; AIA, FAP and ATM lead declines

16 July 2019 - New Zealand shares fell for a second day on light volumes, with heavyweights Auckland International Airport, Fisher & Paykel Healthcare and A2 Milk weighing on the broader index. Meridian Energy and Contact Energy rose as the government considers plans for faster transport electrification.

AMP share prices takes a big hit; Market down overall

15 July 2019 - New Zealand shares fell, joining a downbeat day across Asia as slowing Chinese growth stoked fears that trade tensions will dent the global economy. AMP slumped after the Reserve Bank of New Zealand blocked the sale of its life insurance business.

Mixed day on sharemarket; Trustpower leads decliners; Summerset biggest improver

12 July 2019 - New Zealand stocks were mixed with thin local corporate news insufficient to extend gains earlier in the week.

NZ stocks rise on interest rate outlook; dairy shares gain

11 July 2019 - New Zealand stocks rose, joining a rally across Asia, as renewed prospects for deeper rate cuts in the US made equity investments more appealing. Dairy stocks also firmed.

A2 drives market higher after upgrade

10 July 2019 - New Zealand stocks gained as a strong lift in A2 Milk after a broker upgrade helped propel the index higher.

NZ shares fall as prospect of smaller US rate cut knocks yield stocks

9 July 2019 - New Zealand shares fell, joining a decline across Asia, as expectations of a smaller interest rate cut by the US Federal Reserve reduced the attraction of stocks held for a reliable income.

NZ shares dip; Summerset sales fall short of expectations

8 July 2019 - New Zealand shares edged lower in light trading, led lower by Summerset Group after quarterly sales figures kept investors wary about the outlook for retirement stocks.

Fonterra Fund recovers; the chase for yield continues

5 July 2019 - New Zealand shares were led higher by a recovery in Fonterra Shareholders' Fund units after a sharp sell-off yesterday. Utilities and property investors remain in favour among investors wanting a decent yield.

Prospect of US rate cut keeps yield in demand; Market rises; Fonterra sinks

4 July 2019 - New Zealand shares rose as the prospect of the Federal Reserve cutting interest rates underpinned demand for companies offering reliable income such as utilities, infrastructure firms and property investors. Fonterra shares and fund units dropped.

NZ shares led higher by exporters Kathmandu, A2 in light trading

3 July 2019 - New Zealand shares rose in light trading ahead of the US Independence Day holiday, with exporters Kathmandu Holdings and A2 Milk Co leading the market higher.

NZ shares buoyed by RBA rate cut, US-China trade talks

2 July 2019 - New Zealand shares rose as lower interest rates across the Tasman and cooling trade tensions between the US and China buoyed investor sentiment, underpinning demand for yield stocks such as Property For Industry and Contact Energy.

Shares fall as yield plays ease from records

1 July 2019 - New Zealand shares fell as several energy and infrastructure firms eased from all-time highs in a quiet start to the September quarter.

Shares post 6.4% gain in June quarter as yield remains king

28 June 2019 - The benchmark S&P/NZX 50 Index rounded out a 6.4 percent gain in the June quarter, with demand for infrastructure, utilities, and property firms driving the benchmark to another record.

Yield hunt lifts Genesis, Auckland Airport to records

27 June 2019 - New Zealand shares rose as companies offering reliable dividends remain attractive in the persistently low interest rate environment. Genesis Energy and Auckland International Airport hit records.

NZ shares dip as investors eye Fletcher update

26 June 2019 - New Zealand shares snapped a three-day gain, edging lower as investors pored through the details of Fletcher Building's investor briefing in which it confirmed a small capital return and noted Australian trading conditions remain tough.

Sharemarket extend gains as A2 buoyed by trade data

25 June 2019 - New Zealand shares rose for a third day, led by A2 Milk as trade data allayed some concerns over how new Chinese e-commerce rules will be applied. Auckland International Airport hit a record.

NZ shares outperform Asia on persistent demand for reliable income

24 June 2019 - New Zealand shares outperformed the rest of Asia as blue-chip stocks including Fisher & Paykel Healthcare, Auckland International Airport and Mainfreight remained in demand among investors in search of reliable income.

NZ shares gains in heavy trading on quarterly index reweighting

21 June 2019 - New Zealand shares rose in heavy trading late in the day as investors adjusted for the reweighting of several major indices. Utilities and property companies offering reliable dividends remained in vogue.

Blue-chip shares give up recent gains, Infratil sheds dividend

20 June 2019 - New Zealand shares fell as blue-chip stocks trading near record-highs gave up some of their recent gains. Infratil led the market lower after shedding rights to its final dividend.

NZX50 hits record; prospect of lower rates drives yield hunt

19 June 2019 - The S&P/NZX 50 Index hit a record, amid a global rally, as investors prepare for even lower interest rates and pursue stocks offering reliable dividends. Blue-chip companies such as Auckland International Airport were among today's gainers.

NZ shares gain as investors eye upcoming Fed meeting

18 June 2019 - New Zealand shares joined a rally across Asia, as investors have one eye on whether the Federal Reserve will signal lower US interest rates in what would be a further boon for equity markets. Vista Group International led the market higher.

Blue chip stocks weigh market down

17 June 2019 - New Zealand shares fell in relatively quiet trading, weighed down by blue-chip stocks such as Auckland International Airport and Meridian Energy which have been trading near records.

US rate uncertainty buoys local blue chips; NZ shares edge higher

14 June 2019 - New Zealand shares rose with blue-chips including Auckland International Airport and Ebos Group hitting new highs as investors remain uncertain about whether US and Australian central banks will cut interest rates. Summerset group fell in unusually busy trading.

NZX edges higher: Ebos, Auckland Airport, Mainfreight hit records

13 June 2019 - New Zealand shares shook off soft international leads, edging higher as blue-chip stocks including Ebos Group, Auckland International Airport and Mainfreight all hit records.

Good day on NZX

12 June 2019 - New Zealand shares were among the best performers across Asia Pacific, led by recoveries in Synlait Milk and Air New Zealand on relatively light volumes.

NZ shares follow ASX higher on optimism over US trade deal

12 June 2019 - New Zealand shares followed Australian stocks higher as traders across the Tasman returned from a long weekend more optimistic after the US administration made trade-friendly noises in recent days. Exporter A2 Milk led the local market higher.

NZ shares fall as Australian holiday saps trading volumes

10 June 2019 - New Zealand shares fell in subdued trading, with an Australian holiday sapping activity on the local market. Fisher & Paykel Healthcare led the market lower, as a strong kiwi dollar crimped its export earnings.

Sharemarket back above the 10,000 mark

7 June 2019 - New Zealand's benchmark index climbed back above 10,000, led by Synlait Milk, on news the dairy company is appealing a ruling that may prevent the opening of its second processing facility.

Shares gain as growth stocks recover; Comvita bounces

6 June 2019 - New Zealand shares rose, led by growth stocks Synlait Milk and Fisher & Paykel Healthcare. Comvita soared on news its former chief executive will put its under-performing units under the microscope.

NZ shares edge higher; A2 recovers some ground lost on China fears

5 June 2019 - New Zealand shares edged higher, lagging behind Wall Street's gains on the prospect of lower interest rates. A2 Milk recovered some of yesterday's sell-off as investors tried to gauge China's plan to boost domestic infant formula production.

Sharemarket drop below 10,000; A2 slumps on China fears

4 June 2019 - The S&P/NZX 50 Index closed below 10,000 for the first time in almost a month, as A2 Milk slumped almost 11 percent on fears that China's plans to develop its domestic infant formula market may weigh on the milk marketing firm.

NZ shares snap 5-day slide; Auckland Airport hits new high

31 May 2019 - New Zealand shares snapped a five-day decline, as Auckland International Airport chalked up a record. Vector and Chorus were among stocks recovering from a recent sell-off over regulatory fears.

Fears over global growth drive NZX, not the Budget

30 May 2019 - New Zealand shares fell in subdued trading as fears over global growth weighed on firms with international operations such as Tourism Holdings and Vista Group International.

NZ shares fall as more Commercial Bay delays weigh on Fletcher, Precinct

29 May 2019 - New Zealand shares fell, with Fletcher Building and Precinct Properties New Zealand under pressure on news the Commercial Bay development is running behind schedule and facing more cost overruns.

Heavy trading on NZX today

28 May 2019 - New Zealand shares fell in heavy trading as large investors rejigged their portfolios for a semi-annual index review. Fisher & Paykel Healthcare gave up more gains after yesterday's record profit.

F&P Healthcare falls after record $1 bill revenue

27 May 2019 - New Zealand shares fell, with investors locking in recent gains from Fisher & Paykel Healthcare after the medical humidifier and breathing mask maker reported another record profit.

Companies punished when earnings expectations missed

24 May 2019 - New Zealand shares fell, led by Gentrack, after the utilities software developer was among companies reporting weaker than expected earnings today.

Fletcher Building continues its good run

23 May 2019 - New Zealand stocks rose, led higher by Fletcher Building as the construction company extended a recent rally. Metro Performance Glass jumped 13 percent after meeting its downgraded earnings guidance.

NZ shares edge up; Infratil gains after placement

22 May 2019 - New Zealand shares edged higher, with Infratil one of the most active stocks when it resumed trading after being halted for a $100 million placement last week.

NZ shares fall; ComCom's early fibre views knock Chorus

21 May 2019 - New Zealand shares fell, led lower by Chorus, after investors were spooked by potentially stricter regulation of its ultrafast broadband network than they'd anticipated.

Banks shares rise on back of Australian election results

20 May 2019 - New Zealand shares rose as Australian bank stocks were buoyed by the Liberal-National coalition's electoral win over the weekend, removing the threat of tax changes.

Quiet trading on NZX ahead of upcoming earnings; Market finishes higher

17 May 2019 - New Zealand shares rose in quiet trading, as investors prepare for a flurry of earnings next week. Infratil entered a trading halt for the first tranche of a $400 million capital raising.

NZ shares extend gain in increasingly volatile market; Chorus gains

16 May 2019 - New Zealand shares rose for a second day in an increasingly volatile market. Equities rose across Asia and Chorus led the local market higher.

NZ shares outperform global rally as low rates bolster local outlook

15 May 2019 - New Zealand shares joined a global rally, as the local outlook for low interest rates added tailwind to broader optimism among investors that the US and China will compromise on their trade stoush. China-focused exporter A2 Milk led the local market higher.

NZ shares fall as Infratil flags equity raising for Vodafone deal

14 May 2019 - New Zealand shares fell as infrastructure investor Infratil flagged it will raise new equity to help fund its share of the $3.4 billion takeover of Vodafone New Zealand.

Trustpower hits record on special dividend; Tip Top sold

13 May 2019 - New Zealand shares rose in quiet trading, with Trustpower hitting a record after declaring a special dividend at today's earnings result. Fonterra fund units rose on the sale of its Tip Top business.

US-China trade wars hurt NZ shares

10 May 2019 - New Zealand shares dipped from a record as the uncertain outcome of the US-China trade talks weighed on investor sentiment.

NZ shares extend gain on low-rate tailwind; Vista at record

9 May 2019 - New Zealand shares rose for a third day as the Reserve Bank's rate cut provides another tailwind to the stock market. Vista Group International hit a record.

Shares stage late rally after OCR cut

8 May 2019 - New Zealand shares staged a late rally as the Reserve Bank's cut to the official cash rate boosted the attraction of companies paying reliable dividends such as Contact Energy and Mercury NZ.

Investors chase yield in low-rate environment and push shares higher

7 May 2019 - New Zealand shares bounced back from yesterday's Donald Trump-induced slump, as the attraction of stocks paying reliable dividends remains strong in a low-interest rate environment. Meridian Energy, Chorus and Infratil were among the gainers today.

NZ shares fall as Trump's trade talk spooks investors; exporters fall

6 May 2019 - New Zealand shares joined a slump across Asia as US President Donald Trump's tough stance on trade spooked investors. Exporters including A2 Milk and Fisher & Paykel Healthcare were among those sold off.

Investors take profits after sharemarket hits record

3 May 2019 - New Zealand shares fell from a record as investors took advantage of the recent gains. Z Energy dropped on an unusually large volume of trading.

Z pumps market higher; Trade Me departs

2 May 2019 - New Zealand shares rose as investors welcomed greater clarity on Z Energy's dividend intentions in the first local result of the latest reporting season. Index reweightings from Trade Me Group's pending departure were also a feature.

Little bit of negative news takes shine of sharemarket

1 May 2019 - New Zealand shares sank as muted earnings guidance from SkyCity Entertainment Group and A2 Milk didn't meet investors' expectations. New Zealand King Salmon shed almost a fifth of its value as warmer water left it with more dead fish.

April another month of solid gains for sharemarket

30 April 2019 - New Zealand shares edged higher in the final day of April trading, capping a 1.8 percent gain for the month that saw the benchmark index cross the 10,000 level for the first time.

NZX rises during a quiet trading day

29 April 2019 - New Zealand shares rose as stocks that have been beaten up in recent months - such as Pushpay Holdings and Fletcher Building - attracted interest from investors seeking bargains in a market trading at high valuations.

NZX50 drops below 10,000 as blue-chips fall off the pace

26 April 2019 - The S&P/NZX 50 Index fell back below 10,000 after becoming the most expensive across Asia based on forward-looking metrics. Blue-chip stocks including Spark New Zealand, Goodman Property Trust and Ryman Healthcare were among those sold down today.

NZ shares follow Wall St higher in light trading; Meridian, F&P, A2 rise

24 April 2019 - New Zealand shares extended their gains on the back of improved sentiment in the US. Exporters including Fisher & Paykel Healthcare and A2 Milk benefited from a weaker kiwi dollar.

NZX50 tops 10,000, growing 284% in past decade

23 April 2019 - The S&P/NZX 50 Index broke through the 10,000 level for the first time today, and has climbed about 284 during the past 10 years.

Sharemarket records 1.8% gain in a week

18 April 2019 - New Zealand shares drifted off their high heading into the Easter holiday, but still managed a 1.8 percent gain this week as weak inflation spurred on expectations for an interest rate cut, making companies paying reliable dividends a bit more attractive.

Knock, knock, knocking on the magical 10,000 mark

17 April 2019 - New Zealand shares hit a new record as retirement village operators including Summerset Group and Metlifecare rallied on the government's decision to ditch a capital gains tax.

Exporters drive sharemarket higher

16 April 2019 - New Zealand shares rose for a fourth day as exporters including Kathmandu Holdings and A2 Milk helped drive the market higher amid growing optimism over US-China trade talks.

Investor confidence buoyed on US coy earnings; NZX rises

15 April 2019 - New Zealand shares followed Wall Street higher as better than expected US company earnings buoyed investor confidence. Local growth stocks, including A2 Milk and Fisher & Paykel Healthcare, gained.

NZ shares rise; retirement stocks Metlife, Summerset extend recovery

12 April 2019 - New Zealand shares edged higher as retirement stocks Summerset Group and Metlifecare continued to recover from a sharp selloff. Air New Zealand and Tourism Holdings fell in the wake of weaker tourism numbers.

NZ shares snap six-day decline as retirement stocks claw back losses

11 April 2019 - New Zealand shares snapped a six-day decline, with retirement stocks clawing back some of their recent losses since Summerset Group's observation that a slowing property market had dented unit sales.

Yield stocks loose their lustre

10 April 2019 - New Zealand shares fell as the attraction of yield stocks lost their lustre now most have shed rights to dividends. Retirement village operators such as Metlifecare and Ryman Healthcare extended their decline.

Retirement stocks under pressure on housing fears

9 April 2019 - New Zealand shares fell for a fifth session as retirement village operators Summerset Group and Metlifecare suffered amid fears a slowing property market will dent their fortunes.

Slowing property market weighs on sharemarket

8 April 2019 - New Zealand shares fell for a fourth day as the threat of a slowing property market was seen weighing on retirement sector stocks such as Summerset Group and Metlifecare.

NZ shares fall; weak Summerset sales weigh on retirement stocks

5 April 2019 - New Zealand shares fell, led lower by Summerset Group, after the retirement village operator and developer cited a slowing property market in reporting weak sales. Rivals Ryman Healthcare and Metlifecare suffered accordingly.

Defensive stocks end stellar run

4 April 2019 - New Zealand shares fell for a second day as investors pared back their exposure to the equity market after the threat of lower interest rates spurred on demand for companies paying reliable dividends. Defensive stocks including Contact Energy, Mercury NZ and Infratil fell.

Telco boss unexpectedly hangs up and market falls

3 April 2019 - New Zealand shares slipped from a record, with Spark New Zealand falling after managing director Simon Moutter signalled his exit from the country's biggest telecommunications company.

The prospect of rate cuts drive market higher; Maccas helps the rally

2 April 2019 - New Zealand shares extended their rally for a sixth day as growing expectations for an interest rate cut stokes broad-based demand for equities. Plexure Group soared after McDonald's invested in the tech minnow.

NZ shares join Asian rally as Chinese data boosts investor confidence

1 April 2019 - New Zealand shares continued their march higher, joining a rally across Asia as better than expected Chinese manufacturing data lifted investor confidence. Tourism Holdings led the market higher

NZX50 delivers 12% gain in March quarter as low rates spur demand for yield

29 March 2019 - The S&P/NZX 50 Index climbed almost 12 percent to end the March quarter at a record, as a late tailwind from the Reserve Bank's bias towards lower rates spurred demand for companies with reliable dividends such as Meridian Energy and Genesis Energy.

Dividend yield stocks again dominate sharemarket trading

28 March 2019 - New Zealand shares extended their rally as the prospect of low interest rates maintained the appeal of companies with reliable dividends, such as Genesis Energy and Trustpower. Air New Zealand rose on plans to cut costs.

NZ shares surge as rate cut prospect buoys yield plays; Mercury, Meridian hit records

27 March 2019 - New Zealand shares got an unexpected boost after the Reserve Bank's warning that it may cut interest rates stoked demand for companies with stable dividends. Utilities Meridian Energy and Mercury NZ hit records.

Wall St weakness shrugged off; Defensive stocks gain; Genesis hits record

26 March 2019 - New Zealand shares shrugged off the weak leads from Wall Street overnight as the defensive qualities of companies offering stable dividends found favour with investors. Genesis Energy was among those beneficiaries, hitting a record today.

NZ shares fall from record as bond inversion triggers global sell-off

25 March 2019 - New Zealand shares joined a global decline as investors sold off equities when long-term US interest rates fell below shorter-dated debt, a technical signal that may indicate an approaching recession. Stocks trading near records, such as Meridian Energy and Contact Energy, fell.

Shares climb to record on low rate outlook

22 March 2019 - New Zealand shares rose to a record as the prospect of low interest rates for even longer stoked demand for companies offering regular income such as Meridian Energy and Mercury NZ. Synlait Milk extended its recovery from a weak first-half result earlier this week.

NZ shares rise on Fed restraint, local GDP growth; Auckland Airport slides

21 March 2019 - New Zealand shares rose after the US Federal Reserve signalled no rate rises there this year and local GDP data came in stronger than many economists had expected.  Auckland International Airport extended its decline from a record, while also shedding rights to its interim dividend.

Dairy shares take froth off NZ sharemarket

20 March 2019 - New Zealand shares fell for a second day, led lower by Synlait Milk after the dairy company reported weaker earnings, disappointing investors who had anticipated another strong result.

Sharemarket falls as investors avoid anything to do with construction

19 March 2019 - New Zealand shares fell from a record in quiet trading. Gentrack led the declines as investors fretted over the Brexit implications for the UK exposed utilities software developer.

NZ shares at record; trading quiet as investors digest re-weightings

18 March 2019 - New Zealand shares rose to a record in quiet trading as investors digested the latest round of index re-weightings and wait on upcoming earnings. Kathmandu Holdings led the market higher.

Heavy trading on NZX with index re-weightings heightening activity

15 March 2019 - New Zealand shares rose in heavy trading as index re-weightings heightened activity in a week that had already been punctuated by some large investors repositioning their portfolios. Gentrack led the market higher.

Big day of trading as investors reposition portfolios

14 March 2019 - New Zealand shares rose in heavy trading with Spark New Zealand and Contact Energy attracting some big placements from large investors repositioning their portfolios. Sky Network Television extended its recovery on large volumes.

Uncertainty over Britain's exit from the European Union keeps investors on edge

13 March 2019 - New Zealand shares fell, with markets weaker across Asia as the uncertainty over Britain's exit from the European Union keeps investors on edge. Fletcher Building dropped as investors remain wary of the construction firm.

Defensive stocks remain attractive in an uncertain global environment

12 March 2019 - New Zealand shares edged up as defensive stocks such as utilities remained attractive to investors in an uncertain global environment. Restaurant Brands New Zealand rose as its suitor declared a partial takeover unconditional.

NZ shares decline as global uncertainty weighs; Sky TV hits low

11 March 2019 - New Zealand shares fell as uncertainty about the global economy weighed on investor confidence. Sky Network Television dropped to a new low as the pay-TV operator remains out of favour.

NZ shares cap off 10-year bull market with 0.9% weekly gain

8 March 2019 - New Zealand shares rallied into the 10th anniversary of the longest bull market in share market history, gaining 0.9 percent this week after central banks around the world indicate interest rates will remain low and might go even lower.

Defensive stocks find favour with investors

7 March 2019 - New Zealand shares edged higher with gains by utility and real estate yield stocks offsetting a clutch of companies shedding rights to dividends. Restaurant Brands New Zealand gained on its continuing sales growth.

Fonterra Fund leads NZX higher

6 March 2019 - New Zealand shares edged up, led by the Fonterra Shareholders' Fund as a stronger than expected dairy auction was seen as an optimistic sign for the sector, despite the fact that it would add pressure to earnings.

NZ shares fall from record as global markets come off the boil; Mercury drops

5 March 2019 - New Zealand shares fell in light trading, following the end of earnings season, as local investors followed overseas leads where markets were generally weaker. Mercury NZ led the market lower.

NZ shares hit record as prospect of US-China trade deal buoys Asia; A2 gains

4 March 2019 - New Zealand shares rose to a record high as the prospect of a trade deal between the US and China helped buoy stock markets across Asia. Dairy exporters A2 Milk and Synlait Milk were among the day's leaders.

Earnings season ends on a sour note; index changes boost volume

28 February 2019 - New Zealand shares rose as the local earnings season ended on a sour note, with Air New Zealand confirming a lacklustre result. Tourism Holdings gained after being upgraded after investors digested its earnings this week.

After run of good results some companies disappoint

26 February 2019 - New Zealand shares fell, with several disappointments in the earnings season, as rental RV operator Tourism Holdings posted weaker than expected earnings, Vector warned on dividend growth and Gentrack downgraded its outlook.

Reporting season continues on NZX; Here's the latest results

25 February 2019 - New Zealand shares rose as Freightways and Chorus both gained after delivering earnings in line with expectations. Synlait Milk jumped ahead of this week's dairy auction and a potential hike in the farmgate milk price.

Air NZ and Auckland Airport lift market

22 February 2019 - New Zealand shares rose, with heavy trading in Auckland International Airport and Air New Zealand after the airport operator lifted earnings and said it will cut airline landing fees.

NZ shares gain; A2 hits new record, F&P climbs on patent deal

21 February 2019 - New Zealand shares rose for a second day as a2 Milk reached a record following its strong earnings yesterday and Fisher & Paykel Healthcare jumped on the end of a costly, long-running patent dispute.

NZ shares gain; A2 jumps to 12-month high as earnings outperform

20 February 2019 - New Zealand shares rose amid a flurry of company earnings. A2 Milk hit a 12-month high after beating analysts' expectations, while Spark New Zealand, Fletcher Building and Meridian Energy fell.

A2 downgraded on eve of earnings, Heartland misses expectations

19 February 2019 - New Zealand shares fell, with A2 Milk weaker after an analyst dubbed it overvalued and as weak Chinese sales by Australian supplements maker Blackmores weighed on the dairy company. Heartland Group declined on weaker-than-expected earnings.

NZ shares subdued as China trade tensions weigh; Sky TV falls

18 February 2019 - New Zealand shares edged lower in subdued trading as fears over the country's trade relations with China unnerved investors. Property For Industry fell after its earnings missed expectations, while Port of Tauranga hit a new record when upgrading its annual earnings guidance.

A2 and Fisher & Paykel lead NZX down on China fears

15 February 2019 - New Zealand shares fell as pessimism over trade negotiations between the US and China cast a pall across Asia. Exporters including A2 Milk and Fisher & Paykel Healthcare led the market lower.

Six day run of gains ends on sharemarket

14 February 2019 - New Zealand shares fell, snapping a six-day run of gains, as a stronger kiwi dollar weighed on exporters such as Fisher & Paykel Healthcare and A2 Milk. Skellerup bucked the trend, gaining after it reported increased earnings.

NZ shares join global rally on US-China trade optmism; SkyCity falls

13 February 2019 - New Zealand shares joined a global rally on optimism that the latest US delegation to Beijing will make meaningful gains in soothing the strained trade relations. Tourism Holdings led widespread gains; SkyCity Entertainment Group fell after reporting a decline in first-half profit and a share buyback.

NZ shares gain as power companies Meridian, Genesis, Mercury buoyed by low rate outlook

12 February 2019 - New Zealand shares gained as growing bets for an interest rate cut by the Reserve Bank stoked demand for utility companies such as Mercury NZ, Meridian Energy and Genesis Energy with steady dividends.

Contact kicks off earnings season on a bright note

11 February 2019 - New Zealand shares rose as Contact Energy's first-half earnings delivered a better-than-expected dividend, giving investors something to cheer at the start of the domestic reporting season. Restaurant Brands New Zealand led the market higher.

All quiet on NZ sharemarket ahead of earnings season

8 February 2019 - New Zealand shares gained in the run-up to corporate earnings season, with Contact Energy the first major company out of the blocks on Monday. Australian results have been mixed so far this week.

NZ shares gain as prospect of rate cut stokes demand for yield stocks

7 February 2019 - New Zealand shares gained as growing expectations of lower interest rates stoked demand for companies offering regular dividend income, such as Chorus and Meridian Energy. Dairy companies A2 Milk Co and Synlait Milk were boosted by stronger demand for dairy products.

Bank shares rally after let off from Royal Commission

5 February 2019 - New Zealand shares followed Australia higher as banking stocks rallied on both sides of the Tasman after a Royal Commission into the sector was less harsh than many had feared. Dual-listed lenders Australia & New Zealand Banking Group, Westpac Banking Corp and AMP all rallied.

Australian banking report spooks investors

4 February 2019 - New Zealand shares fell in relatively quiet trading, with investors keeping one eye across the Tasman for the findings of a royal commission into the banking sector and waiting for the domestic earnings season to start next week.

NZ shares edge up ahead of earnings season; Air NZ at 3-month low

1 February 2019 - New Zealand shares edged higher in relatively quiet trading as investors wait for company earnings season to kick off later this month. Air New Zealand dropped to a three-month low, extending its decline after this week's profit warning.

Kiwi bourse joins global rally as Fed poised to keep rates low; Air NZ falls again

31 January 2019 - New Zealand shares joined a global rally, led by A2 Milk Co, as local investors were buoyed the prospect of low US interest rates keeping equities attractive. Air New Zealand fell for another day.

Air NZ warning weighs on tourism; NZ shares fall

30 January 2019 - New Zealand shares fell, led lower by Air New Zealand, as the national carrier's earnings and softer outlook weighed on other tourism-related companies. Auckland International Airport and Tourism Holdings fell.

Not a good day on the sharemarket amid ongoing concerns about global growth

29 January 2019 - New Zealand shares fell, in line with declines in the US and across Asia, amid ongoing concerns about global growth, particularly in China.

NZ shares edge higher; Australian, Auckland holidays sap volumes

28 January 2019 - New Zealand shares edged higher in thin trading, with holidays in Auckland and Australia keeping a lid on activity. Fonterra Shareholders' Fund and Freightways gained.

NZ stocks inch higher ahead of earnings season

25 January 2019 - New Zealand shares inched higher but trading was mixed as investors prepare for the local earnings season and hope for progress on the on-going trade dispute between China and the US.

NZ shares inch higher as US shutdown sidelines investors

24 January 2019 - New Zealand shares inched higher but trading was mixed on concerns that US economic growth will take a hit from the longest-ever government shutdown and as investors pared back expectations of a New Zealand rate cut.

NZ shares ease on global growth concerns

23 January 2019 - New Zealand shares eased as investors continued to fret about US-China trade tensions and the political impasse in the US.

NZ shares fell on global growth concerns

22 January 2019 - New Zealand shares fell as investors fretted about a possible slowdown in global growth. Spark saw the heaviest volumes traded.

NZ stocks gain; investors seek value ahead of earnings season

21 January 2019 - New Zealand shares rose as investors picked through mixed local and international economic signals to focus on firms likely to do better in a slowing environment.

Sharemarket follow Asian markets higher on renewed hopes for China-US resolution

18 January 2019 - New Zealand shares followed Asian markets higher on renewed hopes for a resolution to the US-China trade tensions. Trading was light with few local drivers.

NZ shares get further lift from positive offshore markets

17 January 2019 - New Zealand shares rose as sentiment continued to benefit from positive offshore leads. Genesis Energy, A2 Milk and Synlait Milk gained.

Stocks rise, buoyed by dairy prices, overseas markets

16 January 2019 - New Zealand shares rose, buoyed by steady gains in overseas market and a better than expected result from the latest dairy auction overnight.

Local shares drift after US stocks eased back overnight

15 January 2019 - New Zealand shares drifted in quiet trading after US stocks ended in the red. Spark slid while A2 Milk helped shore up the index.

NZ shares inch higher in tepid trade

14 January 2019 - New Zealand shares inched higher in quiet trading as investors await news from offshore. Kathmandu recovered some of its recent losses.

NZ shares fall as investors take a breather

10 January 2019 - New Zealand shares fell as investors took a breather after a round of US-China trade talks wound up. Ryman Healthcare gave back some recent games and Summerset dipped.

NZ shares gain as trade fears ease

9 January 2019 - New Zealand shares gained, supported by growing optimism that the US and China can reach a trade deal. A2 Milk benefited from the lift in sentiment.

NZ shares get further lift on improving offshore sentiment

8 January 2019 - New Zealand shares rose as investors continued to be cheered by positive markets offshore and expectations for progress in trade talks between the US and China. Pushpay continued to rise.

Investors go bargain hunting

7 January 2019 - New Zealand shares rose as improving risk appetite in the wake of strong US jobs data and a note of caution from the US Federal Reserve sparked bargain-hunting in stocks like Kathmandu, Synlait Milk and A2 Milk.

Investors move to defensive stocks on global jitters

4 January 2019 - New Zealand shares rose slightly as growing investor unease over the global economy bolstered demand for defensive stocks such as local utilities Meridian Energy and Mercury NZ.

NZ shares drop in first trading day of 2019 as Kathmandu whacked on weak sales

3 January 2019 - New Zealand shares fell in the first trading of 2019, led lower by Kathmandu Holdings, which was punished for posting weaker-than-expected Christmas sales.

Local equity market ends year on a firm note

31 December 2018 - The New Zealand share market ended 2018 on a firm note, lifted from earlier doldrums by a positive start to trading across the Ditch and with the dual-listed shares in A2 Milk leading the market higher.

NZ shares nudge higher on last full day's trading for the year

28 December 2018 - New Zealand shares rose in the last full day of trading for 2018 on subdued volumes with many investors out for the Christmas and New Year holiday. Summerset Group led the market higher.

NZ shares rise as blue chips rally into holiday period; Spark gains

20 December 2018 - New Zealand shares rose as investors sought out blue-chip stocks, such as Spark New Zealand and SkyCity Entertainment Group, before heading into the holiday period.

NZ shares gain as upcoming Fed meeting bolsters yield stocks; Sky TV gains

19 December 2018 - New Zealand shares gained on expectations the US Federal Reserve may soften its interest rate outlook for the coming year. Sky Network Television extended its rebound.

Heartland sinks; Markets await US Fed's interest rate call

18 December 2018 - New Zealand shares fell, joining a sell-off across Asia, as investors fret over the future track of US interest rates ahead of this week's Federal Reserve policy review. Heartland Group sank on concerns over stricter banking capital requirements.

NZ shares follow Asian rally; exporters F&P Health, A2 gain

17 December 2018 - New Zealand shares rallied late in the trading session to follow Asian markets higher, led by export-focused firms including Fisher & Paykel Healthcare and A2 Milk.

NZ shares fall as investor uncertainty weighs on exporters; F&P Health, A2 drop

14 December 2018 - New Zealand shares fell as uncertainty over the global economy and US-China trade tensions pushed Asian markets lower. Exporters Fisher & Paykel Healthcare, A2 Milk and Comvita all declined.

NZ shares rise as optimism over US-China trade deal lingers; Fletcher gains

13 December 2018 - New Zealand shares rose for a third day as investors around Asia remained optimistic that trade tensions between China and the US will ease, removing a risk to global growth.

NZ shares gain as Trade Me hits record on takeover

12 December 2018 - New Zealand shares joined an Asia-wide rally on signs that China-US trade relations may be thawing, while Trade Me hit a record on news the board will back a private equity takeover.

Defensive stocks find favour on NZX; Contact, Meridian rise

11 December 2018 - New Zealand shares rose, led by Contact Energy and Meridian Energy as heightened uncertainty in global markets bolsters the attraction of defensive stocks offering stable dividends.

NZ shares fall to 5-week low as trade tensions spook investors; A2 drops

10 December 2018 - New Zealand shares fell to a five-week low as rising concerns about global growth due to heightened US-China trade tensions extended into Asian markets. Export-focused A2 Milk dropped.

NZ shares rally on speculation of flat US rate track; Spark gains

7 December 2018 - New Zealand shares rose as markets across Asia rallied on speculation the US Federal Reserve will keep interest rates on hold next year, which would maintain the yield attraction of stocks over bonds. Spark New Zealand was up in heavy trading.

Huawei CFO arrest reignites trade fears; A2 drops

6 December 2018 - New Zealand shares fell, joining a sell-off across Asia, as the arrest of a Huawei executive reignited fears about US-China trade tensions. Chinese-focused exporter A2 Milk declined.

NZ shares join global decline as trade jitters re-emerge; Gentrack, F&P Health fall

5 December 2018 - New Zealand shares fell for a second day as doubts about the ceasefire in the US-China trade stoush weighed on global markets, hitting growth stocks and exporters such as Gentrack Group and Fisher & Paykel Healthcare.

Trade tailwind slows market; Spark, Z Energy decline

4 December 2018 - New Zealand shares snapped five days of gains as optimism over the cooling of US-China tensions abated. Spark New Zealand declined as new accounting standards prompted it to adopt new earnings measures.

NZ shares extend gain as cooling trade tensions buoy Asian markets

3 December 2018 - New Zealand shares were led higher by exporter A2 Milk as cooling trade tensions between China and the US allayed fears of slowing global growth and boosted stock markets across Asia.

NZ shares end November higher in heavy month-end trading

30 November 2018 - New Zealand shares rose for a fourth day in heavier-than-usual trading as major institutional investors reallocated their portfolios, pushing up heavyweight stocks including Spark New Zealand and Meridian Energy.

Local shares join global rally as Fed set to pause rate hikes; Pushpay gains

29 November 2018 - New Zealand shares joined a global rally after Federal Reserve chair Jerome Powell indicated an early pause to higher interest rates, stoking demand for growth stocks such as Pushpay Holdings.

NZX joins Asia-wide rally; Market led higher by growth stocks Pushpay, A2

28 November 2018 - New Zealand shares joined an Asia-wide rally, led higher by export-focused growth stocks Pushpay Holdings and A2 Milk, two of the bourse's most volatile stocks.

NZ shares rise as upbeat Wall St bolsters A2, blue chips

27 November 2018 - New Zealand shares followed Wall Street higher as global events remain top of mind for investors, underpinning growth stock A2 Milk Co and blue-chip firms such as Spark New Zealand and Fletcher Building.

NZ shares fall with blue chips A2, Ryman; F&P Healthcare gains

26 November 2018 - New Zealand shares fell in light trading as blue-chip stocks including A2 Milk Co, Ryman Healthcare and Fletcher Building followed Australia lower. Fisher & Paykel Healthcare gained after reporting increased earnings.

NZ shares snap decline as growth stocks Tourism Holdings, A2 recover

22 November 2018 - New Zealand shares snapped a six-day decline as a revival in global investor optimism boosted beat-up growth stocks such as Tourism Holdings, A2 Milk and Pushpay Holdings. Fletcher Building extended its decline.

Trade Me soars on takeover bid; Fletcher sinks deeper

21 November 2018 - New Zealand shares fell as Fletcher Building dropped to a 14-year low, adding to yesterday's rout after its profit warning. Trade Me soared to a record on a potential takeover.

Fletcher slumps to 9-yr low on profit warning

20 November 2018 - New Zealand shares fell as Fletcher Building slumped to a nine-year low after the country's biggest listed construction firm warned of weaker profit, and as growth stocks such as Pushpay Holdings followed Wall Street lower.

NZ shares dip as trade war fears linger

19 November 2018 - New Zealand shares fell for a fifth day as investors remain wary of the impact a trade war will have on company earnings with export-focused stocks Tourism Holdings and Pushpay still under pressure. Fletcher Building declined ahead of tomorrow's annual meeting.

NZ stocks fall on renewed Brexit uncertainty, dividend payouts

16 November 2018 - New Zealand shares fell as Brexit worries and a lack of earnings news let investors with a lack of direction. Three top-50 stocks also went ex-dividend today.

NZ stocks mixed as global worries weigh on local news

15 November 2018 - New Zealand shares were mixed as weak international investor sentiment weighed on positive local earnings.

Wall Street drops; NZX follows; But Spark, Port of Tauranga gain

13 November 2018 - New Zealand shares fell after a sharp drop on Wall Street overnight spooked investors throughout Asia’s markets.

Shares mixed on weak overnight leads; Spark gains, Fletcher falls

12 November 2018 - New Zealand shares were mixed as wary local investors tried to find value in a still volatile global environment.

NZ stocks extend gains, buoyed by local rates outlook; Spark, Z rise

9 November 2018 - New Zealand shares rose as benign comments from the US and local central banks supported a more positive outlook through to the end of the year.

NZ stocks lift on relief rally after US elections

8 November 2018 - New Zealand shares rose as markets were relieved U midterm elections did not throw up any major political surprises. SkyCity Entertainment gained on the sale of its Darwin casino.

NZ shares lift as US election results look to be largely as expected

7 November 2018 - New Zealand shares rose as results from the US midterm elections seemed to indicate the Democrats would take control of the House but wouldn't win the Senate. Z Energy gained while A2 Milk and Synlait Milk fell.

NZ stocks tick higher as offshore moves lift sentiment

6 November 2018 - New Zealand shares ticked up, supported by overnight gains on Wall Street and positive trading in Australia. A2 Milk Co and Synlait Milk rose.

Global investors grow wary and NZX falls; Z Energy slides further

5 November 2018 - New Zealand shares fell with local earnings insufficient to embolden investors wary about the outlook for the global economy. Z Energy again led the market lower.

NZ stocks mixed; Z Energy extends decline

2 November 2018 - New Zealand shares were mixed as the prospect of a slowing domestic economy came head-to-head with improved global sentiment.

Stocks rise as emboldened investors seek value; Z Energy plunges

1 November 2018 - New Zealand shares rose for a fourth day in five as improving sentiment in global markets encouraged investors back into some favoured sectors.

NZ shares outperform Australia as ANZ kicks off bank earnings

31 October 2018 - New Zealand shares outperformed their Australian counterparts as Australia & New Zealand Banking Group kicked off reporting by the 'four pillars' of the banking sector.

NZ shares gain; Spark dominates in moribund trading

29 October 2018 - New Zealand shares rose in lacklustre trading dominated by Spark New Zealand, which will update shareholders at this week's annual meeting.

NZ shares mixed as global investors spooked by Amazon, Google results

26 October 2018 - New Zealand shares were mixed as weaker than expected earnings from global tech giants spooked investors already wary of over-valued equity markets.

Shares extend slide as global jitters dent growth stocks; Gentrack, Pushpay drop

25 October 2018 - New Zealand shares fell for a fifth day as a rout on Wall Street spread into Asian markets, weighing heavily on growth stocks such as software firms Gentrack and Pushpay.

Fletcher hits 6-month low and NZ shares down for 4th day in a row

24 October 2018 - New Zealand shares fell for a fourth session as Fletcher Building dropped to a six-month low and dairy companies A2 Milk and Synlait Milk remained under pressure.

NZ shares fall as F&P Healthcare loses latest patent dispute

23 October 2018 - New Zealand shares fell to a four-month low, with Fisher & Paykel Healthcare among the hardest hit after the breathing mask maker lost the latest round in a wide-ranging patent dispute.

NZ shares fall most across Asia; Z still under pressure

19 October 2018 - New Zealand shares fell the most across Asia as Z Energy led the market lower for another day amid rising oil prices, growing competition and the threat of increased regulation.

Restaurant Brands soars on takeover talk, but stocks dip

18 October 2018 - New Zealand shares were mixed as a dip by blue-chips Spark New Zealand, A2 Milk and Contact Energy took the sheen off Restaurant Brands New Zealand's double-digit spike on a takeover bid.

A2 calms critics with strong sales

17 October 2018 - New Zealand shares rose, led by A2 Milk Co, which calmed nervous investors with a strong first-quarter update. Synlait Milk followed suit, albeit on much lighter volumes.

NZ shares fall as Meridian faces declining hydro storage

16 October 2018 - New Zealand shares fell for a second day with Meridian Energy lower as the power company confronts dry conditions, and exporters Comvita and Fisher & Paykel Healthcare faced a stronger kiwi dollar.

NZ shares dip as Fletcher gives up pursuit of Steel & Tube

15 October 2018 - New Zealand shares dipped, outperforming many Asian markets, as Fletcher Building aborted its pursuit of Steel & Tube Holdings after its increased offer wasn't warmly embraced by the targe

Blue chip stocks drive NZX recovery

12 October 2018 - New Zealand shares ended a nine-day losing streak, with A2 Milk and blue-chip stocks such as Spark New Zealand, Mercury NZ and Auckland International Airport driving the recovery.

NZ shares drop to 4-month low following Wall St rout; A2 slumps 11%

11 October 2018 - New Zealand shares joined Wall Street's rout, falling to a four-month low as investors sold out of growth-orientated stocks against the backdrop of rising US interest rates. A2 Milk Co led the slide, shedding more than a tenth of its value.

Investors remain nervous; Fonterra down

10 October 2018 - New Zealand shares fell for an eighth day as investors remain uncertain about the global economic outlook. Fonterra Shareholders' Fund fell on the milk processor's lower forecast payout to farmers.

NZ shares fall for 7th day as US bond yields hold sway

9 October 2018 - New Zealand shares fell for a seventh day. Rising US bond yields kept a lid on equity markets across Asia, weighing on growth-orientated stocks such as A2 Milk Co and Pushpay Holdings.

NZX closes at lowest level in a month; Rising US bond yields ripple through Asia

8 October 2018 - New Zealand shares joined a global sell-off as rising US bond yields took the sheen off blue-chip stocks including Fletcher Building, Contact Energy and Spark New Zealand. Z Energy fell to a two-and-a-half month low on a threat of heightened regulation.

NZ shares fall as rising yields trim demand; Synlait drops

5 October 2018 - New Zealand shares fell for a sixth session as rising US bond yields dented investors' appetite for stocks. Synlait Milk led the market lower, dropping to a five-month low.

A2 still in the dog-box; Genesis, Akl Airport shed dividend rights

4 October 2018 - New Zealand shares fell for a fourth day as A2 Milk Co remains out of favour after recent selling by its chief executive and a director. Genesis Energy and Auckland International Airport also declined after shedding rights to dividend payments.

A2 director sells; Fletcher overture rebuffed; market falls

3 October 2018 - New Zealand shares fell, led by A2 Milk Co, after one of the company's directors sold a small parcel of shares. Fletcher Building declined after surprising investors with a takeover bid for Steel & Tube Holdings.

Shares slip on rising costs, dwindling business confidence

2 October 2018 - New Zealand shares slipped as the weakest business confidence in nine years and fears over future profitability weighed on stocks linked to the local economic cycle.

NZ shares fall as Spark, Ryman give up recent gains in quiet trading

1 October 2018 - New Zealand shares fell as stocks that rallied into the end of the quarter - including Spark New Zealand and Ryman Healthcare - gave up some of those gains.

NZ shares climb as NZX50 gains 4.3% in September quarter

28 September 2018 - New Zealand shares rose in the final day of the quarter, led higher by blue-chip stocks such as Spark New Zealand and Ryman Healthcare.

NZ shares fall as A2 extends decline, property stocks lose shine

27 September 2018 - New Zealand shares fell as A2 Milk Co extended its decline since its chief executive sold down her holding. Rising bond yields also dimmed the lustre of property stocks.

NZ shares edge up; rising oil prices keep Air NZ cautious

26 September 2018 - New Zealand shares edged higher as improved confidence lifted building and tourism stocks. Rising oil prices kept investors nervous about higher energy costs for companies, and was identified as a headwind for Air New Zealand at its annual meeting.

NZ shares inch higher as investors eye upcoming AGMs

25 September 2018 - New Zealand shares edged higher as investors wait for the upcoming round of annual meetings for a clearer steer on company outlooks.

NZ stocks mixed, A2 Milk leads declines

24 September 2018 - New Zealand shares were mixed as last week’s FTSE index adjustments rippled through major stocks today. A2 Milk, which has entered the FTSE Russell All World Index, led the declines; Sky Network Television, which made way for it, led the gains.

NZ shares edge higher, boosted by tourism data, earnings

21 September 2018 - New Zealand shares edged higher as strong tourism data boosted prospects for airports and attraction operators. A2 Milk rose for a third day ahead of the reweighting of FTSE indices that it will have a larger presence in.

NZ shares rise as Tourism Holdings upgraded; Spark sheds dividend rights

20 September 2018 - New Zealand shares edged higher as Tourism Holdings snapped a seven-day slide on a broker upgrade. Spark New Zealand was among several companies shedding rights to dividends.

NZ shares shrug off Synlait slump, join global rally

19 September 2018 - New Zealand shares rose as investors shrugged off a slightly gloomier outlook for Synlait Milk and joined a global rally as the latest bout in the US-China trade war wasn't as harsh as feared.

NZ shares gain as yields remain attractive in low rate environment

18 September 2018 - New Zealand shares rose as high dividend yields from the likes of Spark New Zealand and NZX remain attractive for investors in a low interest rate environment.

MARKET CLOSE: NZ shares mixed as index rebalancing looms; Pushpay, A2 gain

17 September 2018 - New Zealand shares were mixed in light trading as investors weighed up the impact of index rebalancing at the end of this week. Growth stocks Pushpay Holdings and A2 Milk Co gained, while Sky Network Television fell.

MARKET CLOSE: NZ shares gain as thaw in US-China trade relations boosts optimism; Pushpay rises on upgrade

14 September 2018 - New Zealand shares joined the global rally in equity markets as the prospect of improving trade relations between the US and China lifted investor confidence. Pushpay Holdings led the market higher after getting a broker upgrade.

MARKET CLOSE: NZ shares join Asia rally on trade optimism; Fonterra loss dominates headlines

13 September 2018 - New Zealand shares rose, joining a regional rally on optimism over US-China trade relations. Fonterra Cooperative Group's first annual loss dominated local headlines.

MARKET CLOSE: NZ shares drop back as SkyCity, Air NZ weaken; NZX rises on Nasdaq MOU

12 September 2018 - New Zealand shares dropped back, led lower by Mercury NZ and SkyCity Entertainment Group, as yesterday's gains weren't repeated.

NZ shares up 2% as energy stocks rally on expert report; A2, Fisher & Paykel Health gain

11 September 2018 - New Zealand shares rose strongly in busy trading, led by A2 Milk Co and Contact Energy. Energy stocks gained on the release of a sector report which allayed fears of tighter regulation.

NZ shares drop from recent highs; Ryman, Fletcher fall

10 September 2018 - New Zealand shares weakened from recent highs, led lower by Ryman Healthcare and Fletcher Building.

NZ shares fall as investors cash in August gains; Tourism Holdings, A2 drop

7 September 2018 - New Zealand shares fell for a third session, taking their weekly decline to 2.3 percent, as investors cashed in some of August's gains in what was a strong month for the local market. Tourism Holdings and a2 Milk Co declined.

NZ shares drop as stocks shed dividend rights; Synlait, Heartland, A2 fall

6 September 2018 - New Zealand shares dropped as many large stocks shed their dividend rights, with Synlait Milk, Heartland Bank and A2 Milk Co leading the index lower.

NZ shares fall, Sky TV and FPH drop while Chorus, Arvida rise

5 September 2018 - New Zealand shares fell, led lower by Sky Network Television on continued earnings worries and Fisher & Paykel Healthcare, while Chorus and Arvida Group gained.

NZ shares gain as investors eye rate cut change; Sky TV, Port of Tauranga gain

4 September 2018 - New Zealand shares rose as investors weigh up the prospect of a potential rate cut, spurring demand for stocks with high dividends, in a world economy that remains relatively robust. Sky Network Television, Spark New Zealand and Chorus gained.

NZ shares fall today, led lower by Sky TV and Tourism Holdings, but gain 4.4% in August

31 August 2018 - New Zealand shares dipped, led lower by Sky Network Television and Tourism Holdings, but gained over 4% in the month after a busy earnings season.

NZ shares drop as Sky TV, NZX fall; Vector, Chorus gain

30 August 2018 - New Zealand shares dropped from yesterday's record, led lower by Sky Network Television and NZX. Vector and Chorus gained.

MARKET CLOSE: NZ shares hit record; Synlait, a2 gain while Sky TV, Z Energy drop

27 August 2018 - New Zealand shares hit a record, led higher by Synlait Milk and a2 Milk Co while Sky Network Television continued Friday's decline.

NZ shares drop as Air NZ, Ebos fall; F&P Healthcare, Auckland Airport gain

23 August 2018 - New Zealand shares dropped as investors picked a weaker outlook for Air New Zealand and Ebos. Fisher & Paykel Healthcare Corp and Auckland International Airport gained on expectations for continuing strong earnings growth.

NZ shares at fresh record as Trade Me, A2, Meridian gain on earnings; Fletcher drops

22 August 2018 - New Zealand shares hit another record amidst a slew of earnings, with Trade Me Group and A2 Milk Co gaining on their annual accounts while Fletcher Building dropped.

NZ shares drop as Pushpay weakens further while Skycity gains on earnings

8 August 2018 - MARKET CLOSE: New Zealand shares fell, led lower by Pushpay Holdings' continued weakness, while Skycity Entertainment Group gained on its strong annual results.

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 7.24 6.75 6.65
ANZ 8.64 7.84 7.39 7.25
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 7.24 6.79 6.65
ASB Bank 8.64 7.24 6.75 6.65
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 7.24 6.79 6.65
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.84 7.39 7.25
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 7.04 - -
Co-operative Bank - Owner Occ 8.40 7.24 6.79 6.65
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.74 7.29 7.15
Credit Union Auckland 7.70 - - -
First Credit Union Special - 7.45 7.35 -
First Credit Union Standard 8.50 7.99 7.85 -
Heartland Bank - Online 7.99 ▲6.89 ▲6.55 ▲6.35
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.60 7.40 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 7.05 6.75 6.59
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.79 7.39 7.25
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 8.25 7.79 7.55
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 7.25 6.79 6.65
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 7.75 7.35 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
Resimac - LVR < 80% 8.84 8.09 7.59 7.29
Lender Flt 1yr 2yr 3yr
Resimac - LVR < 90% 9.84 9.09 8.59 8.29
Resimac - Specialist Clear (Alt Doc) - - 8.99 -
Resimac - Specialist Clear (Full Doc) - - 9.49 -
SBS Bank 8.74 7.84 ▼7.29 ▼6.59
SBS Bank Special - 7.24 ▼6.69 ▼5.99
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 6.74 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 8.04 7.55 7.45
Lender Flt 1yr 2yr 3yr
TSB Special 8.64 7.24 6.75 6.65
Unity 8.64 6.99 6.79 -
Unity First Home Buyer special - - 6.45 -
Wairarapa Building Society 8.60 6.95 6.85 -
Westpac 8.64 7.89 7.35 7.25
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 7.29 6.75 6.65
Median 8.64 7.29 7.29 6.65

Last updated: 24 April 2024 9:24am

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