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Market close: Tech stocks end week on high as sharemarket dips
The S&P/NZX 50 Index fell 0.06 per cent to end the week.
The S&P/NZX 50 Index fell 0.06 per cent to end the week.
Listed companies with major shareholders need to have independent boards, NZSA says.
Vulcan Steel has entered a deal to buy Ullrich Aluminium.
The automaker's second quarter results reported adjusted earnings of US$2.27 per share.
And the index rose 0.6 per cent.
Rua director Anna Stove will lead the business as managing director.
Health insurer Elevance Health slid more than 9 per cent.
Overall, the sharemarket rose, led by Pacific Edge.
US dollar appreciation could result in a foreign exchange hit of US$3.5 billion.
The price of WTI Crude was up 4 per cent to US$101.49.
Electricity stocks - generally considered safe havens from inflation - gained.
The index fell abruptly at lunchtime and finished more than half a per cent down.
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Jarden Brief: Biotech firm Moderna plummets, cryptocurrencies up after recent crashes.
The New Zealand sharemarket rose more than half a per cent.
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The index made a small gain.
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But the local index drifted ahead of the latest Reserve Bank move on interest rates.
Twitter totters after Elon Musk melee but paint company shines in overnight trading.
The New Zealand sharemarket fell more than half a per cent.
S&P Dow Jones makes a case for passive investing.
Financial Times: Employees describe a culture of fear at KPMG Lower Gulf.
The index increased 3.8 per cent this week.
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Jarden Brief: US deficit grows despite jump in exports, Aussie surplus surges.
The New Zealand sharemarket took on a mood of uncertainty and had a small loss.
Jarden Brief: American indices resurgent - but cruise companies tank.
Biggest single-day rise for the index in more than four months.
Electronics and software provider Eroad led NZ stocks, e-commerce firm Etsy tops in US.