F&P Healthcare rally pushes shares higher
Fisher & Paykel Healthcare led the market higher as it recovered from a heavy bout of profit-taking after its annual result on Wednesday.
MORE»NZX50 runs out of puff as Kiwi marches higher
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.
MORE»Shares soar amid flurry of local news
Most New Zealand shares rose amid a flurry of mixed news from local companies and increasing confidence shown by offshore investors.
MORE»Kiwi dollar spikes as RBNZ challenged on house prices
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.
MORE»NZ shares rally as retail data rebounds
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.
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