Mainfreight surges to $83
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.
MORE»Regulation fears spill into currency markets
The New Zealand dollar fell and shares were flat as China’s regulatory crackdown continues to weigh on investors’ minds.
MORE»a2 Milk drops another 4% on regulation risk
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.
MORE»a2 shares plunge as Chinese regulator flexes its muscles
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.
MORE»NZ shares rise on 'covid-fear trade'
New Zealand shares edged higher as the covid pandemic again set the agenda, with Fisher & Paykel Healthcare climbing while travel stocks dropped.
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