NZ shares dip as investors eye Fletcher update
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.
MORE»Sharemarket extend gains as A2 buoyed by trade data
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.
MORE»NZ shares outperform Asia on persistent demand for reliable income
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.
MORE»NZ shares gains in heavy trading on quarterly index reweighting
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.
MORE»Blue-chip shares give up recent gains, Infratil sheds dividend
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.
MORE»