
Market close: Falling Aussie inflation provides good news for NZ market
But while the local index perked up, investors are still hanging back.
But while the local index perked up, investors are still hanging back.
Both leading stocks provided conservative statements in their AGMs.
The index failed to take any leads from positive markets offshore.
Gains were widely spread across the main board amongst the big and small cap stocks.
Meanwhile some of the steam came out of United States stocks.
The S&P/NZX 50 Index closed flat for the third successive day.
The NZ sharemarket made a small gain on further evidence that inflation is falling.
The company has rejected the takeover offer.
The New Zealand sharemarket drifted sideways in a quiet day’s trading.
The NZSA has questioned the timeliness of PGW's disclosure.
It was an otherwise quiet day on the sharemarket as investors turn to holiday mode.
This freshly listed tech start-up is back by Sir Owen Glenn.
The index finished lower despite a late surge.
Talk around the world of more interest rate rises is making some people nervous.
A big surge in tech sector stocks is stocking fears of a new dot.com bubble.
The index climbed strongly in the afternoon after having fallen more than 1 per cent.
However, neither were able to stop the index from falling lower today.
Mega-strike would be the first of its kind in more than 25 years.
Both indexes reacted positively to the RBA putting rate hikes on hold.
Comvita expects an earnings boost from its latest acquisition.
But an otherwise aimless sharemarket traded flat.
Some good dividends are also being paid out.
The NZ sharemarket was upbeat on the back of a rise in business confidence.
Fisher Funds' Ashley Gardyne weighs in on how markets have performed.
The New Zealand sharemarket joined the party with a three-quarter per cent gain.
The parties say the deal will boost the country’s fight against predators and pests.
Sombre outlook from record-setting logistics global operator.
Meanwhile, Ebos continued to reel after losing its Chemist Warehouse Australian contract.
There were 49 stocks that rose and 74 that fell.