Market close: Shares bounce back on hopes recession can be averted
The S&P NZX top 50 index puts in its strongest performance in three weeks.
The S&P NZX top 50 index puts in its strongest performance in three weeks.
The defensive nature of the New Zealand sharemarket came in handy and traded flat.
The last time bitcoin was at this level was in November 2020.
The index ended the week down nearly 5 per cent.
NZ shares prices are sharply weaker after another bad day on Wall Street.
Eurozone bonds also under pressure and pound swings against dollar
The NZ sharemarket staged a relief rally after the Federal Reserve's announcement.
NZX50 continued its downward trend yesterday, some indices recovered overnight.
Blow-up shows risky investing and capital preservation are mutually exclusive
Most shares suffered as bear market returned for second time in two years.
New Zealand share prices are now in bear market territory.
All major US indices, Asian and European markets were trading lower.
Major cryptocurrency lender effectively fails, citing 'extreme market conditions'.
New Zealand's benchmark equity index suffered a sharp drop.
OPINION: Freeze anything and everything before it goes off.
One of the best-known cosmetics brands in the world is facing a fight to stay alive.
Three parties are said to be interested in the business.
The Australian reserve bank's dramatic 50-basis point hike flowed into NZ's market again.
New Zealand's benchmark index was flat.
Investors turned their nose up at Sky's buyout talks with Mediaworks
Financial Times: First-quarter listing drought extends into second quarter.
NZX data showed the value of share trades across the exchange in May was $3.87 billion.
New Zealand's benchmark share index rose with US markets.
Market news from around the world.
New Zealand's main share index rose 64.89 points, or 0.6 per cent.
The market downturn will test new investors' tolerance for risk.