![Market close: AFT plunges after significant earnings downgrade](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Market close: AFT plunges after significant earnings downgrade
The index was flat in the wake of the Reserve Bank's OCR hike.
The index was flat in the wake of the Reserve Bank's OCR hike.
Reserve Bank sees 'sustained upward pressure' on retail lending rates.
The beleaguered retirement village sector was again hit.
Looming China mega-lockdowns don't sway Fed-focused markets.
The index closed lower after a strong day yesterday.
The fallout from the collapse of FTX continues to cascade through the crypto market.
The New Zealand sharemarket started the week in a positive frame of mind.
Financial Times: The company had a lack of basic security controls and bookkeeping.
But overall the sharemarket shrugged this off and rose more than half a per cent.
The index was lower but there is positive news on the US inflation front.
Listen: Fund manager on where he sees opportunities in a fragile economy.
The index closed a choppy session with a very small gain.
The collapse of the US crypto exchange is likely to have some NZers caught up in it.
CDC Data Centres, Vodafone and Wellington Airport help boost Infratil's earnings.
China's zero-Covid regime tweaked, and FTX scandal sends Bitcoin down the tubes.
Investors took a breather ahead of a busy week.
The S&P/NZX 50 index increased nearly 2 per cent.
Reserve Bank quantifies costs and benefits of money printing.
The index fell almost half a per cent.
Disney and Rupert Murdoch's News Corp big losers on markets.
The New Zealand sharemarket finished flat.
Building giant James Hardie plunges in Aussie markets but PayPal shines in US.
The index fell by more than one per cent.
Intrigue at tech giant comes amid Amazon hiring freeze and jobs bloodbath at Twitter.
Banking news dominated the New Zealand sharemarket in an otherwise quiet session.
More volatility predicted as officials warn of 'severe' winter flu season in huge economy.
The index was spurred on by relief rallies in other Asian Pacific markets.
Domino's disaster in Aussie market continues, Fed rate hike has NY markets seeing red.
What's happening on the markets this week.
The Fed will keep lifting rates to fight inflation - and investors didn't respond well.