Latest fromNew Zealand Stock Exchange
NZ sharemarket up 1.8pc early
The New Zealand sharemarket has risen strongly in early trade, with the benchmark NZX-50 up 1.8 per cent.
NZX rebounds as investors return to market
The New Zealand sharemarket has recovered from two days of falls, but the NZ dollar fell back from an initial rebound.
NZX ahead, but warnings remain
The New Zealand stock exchange is soaring ahead this morning, with the benchmark NZX-50 up nearly 4 per cent in early trading.
NZ shares down 3 per cent
New Zealand shares are still falling this morning, with the local market down 3 per cent after big overnight losses on US and European exchanges.
Inside Money: Meltdown moments temporarily suspended
Overwhelmed by virtual rubber-neckers such as myself the recently upgraded NZX website froze on Monday morning.
NZ stocks steady after early falls
The New Zealand stock exchange closed today down 2.78 per cent after sharp falls earlier today, but more markets around the world are continuing to suffer from investor concerns about the downgrading of the US credit rating.
What will the dollar do?
Experts say the NZ stock exchange will not be taking a hammering when it opens tomorrow morning despite shockwaves from the US.
Aussie, Japan sharemarkets plunge 4pc
Australian and Japanese sharemarkets have plunged more than 4pc on opening, after a rough night on European and US exchanges. The NZX-50 is down 2.4pc.
Kathmandu earnings up as much as 36pc
Kathmandu said full-year pretax earnings rose between 31 per cent and 36 per cent on new store openings, favourable weather and better inventory management.