NZ shares rise, Kathmandu and Briscoes gain
Shares hit a fresh record, with Kathmandu and Briscoes gaining on positive earnings.
Shares hit a fresh record, with Kathmandu and Briscoes gaining on positive earnings.
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NZ shares rise to new record as blue chips including Xero, Ryman gain.
Better-than-expected corporate earnings bolstered the mood on Wall Street.
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NZ shares follow Asia higher led by blue chip stocks Spark, F&P Healthcare.
MARKET CLOSE: NZ shares gain led by A2 Milk; Xero reaches 3-year high.
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Wall Street was mixed, retreating after touching fresh record highs earlier in the day.
Investors will be looking for more bang for their buck from the reporting season.
NZ shares were mixed, with A2 Milk Co at a record and Fletcher continuing to recover.
The kiwi dollar pushed to a fresh 26-month high against the greenback.
Funds services continued to gain, with Kiwisaver funds under management up 23 per cent.
The Federal Reserve signalled it will begin unwinding its balance sheet "relatively soon."
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The S&P 500 and the Nasdaq were pushed to fresh record highs.
New Zealand shares were mixed, with Fletcher Building and A2 Milk Co gaining.
The dollar briefly dipped on MPI's news of cattle disease but swiftly pared its losses.
COMMENT: August reporting season is a crucial time for local sharemarket.
NZ shares rise, Stride, Warehouse Group gain; Fletcher, ANZ, Westpac drop.
The New Zealand dollar fell from the 10-month high it reached in New York on Friday.
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COMMENT: When it goes down, instinct will say sell. You should buy.
Fonterra is to up its game in cream cheese with two new plants at Darfield
Wall Street was mixed as a rally in shares of Sears following its deal with Amazon.