Index heavyweights do the heavy lifting
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.
MORE»NZ shares fall as Eroad near all-time low
New Zealand's sharemarket declined on Wednesday, with fleet management company Eroad falling to just 10 cents above its all-time lowest share price.
MORE»NZ shares rise as recession fears ease
New Zealand's benchmark index had a positive bounce today as investors' concern about an impending recession receded slightly.
MORE»NZ shares flat as recession risk puts investors off trading
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.
MORE»Cautious trading follows week of share market turmoil
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.
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