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![Market close: NZ sharemarket runs out of puff](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: NZ sharemarket runs out of puff
The local index finished lower after five consecutive days of heady rises.
![Market close: KMD Brands’ share price sinks to all-time low](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: KMD Brands’ share price sinks to all-time low
But the New Zealand sharemarket had a welcome rise of more than half a per cent.
![Market close: Another down day for NZ stocks as eyes turn to rates, economic data](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Another down day for NZ stocks as eyes turn to rates, economic data
The New Zealand sharemarket fell for the sixth successive trading day.
![History does repeat in empires and in blue chip stocks](/pf/resources/images/placeholders/placeholder_l.png?d=792)
History does repeat in empires and in blue chip stocks
OPINION: If entire empires can fall, so too can Top 10 companies.
![Market close: Slow and steady decline the flavour of the month](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Slow and steady decline the flavour of the month
A mixed-bag earnings season did little to help the NZX fire up.
![NZ wholesale interest rates head down after RBNZ’s OCR call](/pf/resources/images/placeholders/placeholder_l.png?d=792)
NZ wholesale interest rates head down after RBNZ’s OCR call
Market pricing is pointing to further declines in New Zealand interest rates.
![The $70b Super Fund and ACC's $47b fund make opposing bets on Nvidia](/pf/resources/images/placeholders/placeholder_l.png?d=792)
The $70b Super Fund and ACC's $47b fund make opposing bets on Nvidia
How NZ is cashing in on the AI boom.
![NZX's profit slips, trading volumes lowest in nine years](/pf/resources/images/placeholders/placeholder_l.png?d=792)
NZX's profit slips, trading volumes lowest in nine years
Stock exchange operator 'extremely conscious' of cost pressures.
![NZME posts $12.2m profit, operating earnings fall 13%](/pf/resources/images/placeholders/placeholder_l.png?d=792)
NZME posts $12.2m profit, operating earnings fall 13%
NZME announces dividend - and a better start for 2024.
![Watch: Fletcher’s fall guy fronts up](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Watch: Fletcher’s fall guy fronts up
“I see what I’m doing here as a really important cultural statement."
![Ross Taylor considering his position at Fletcher Building](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Ross Taylor considering his position at Fletcher Building
Possible Valentine's Day resignation will come with another financial hit.
![Market close: Rate hike prediction rattles sharemarket](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Rate hike prediction rattles sharemarket
ANZ said the Reserve Bank could still hike the official cash rate twice this year.
![What Fletcher Building might declare in half-year result next week](/pf/resources/images/placeholders/placeholder_l.png?d=792)
What Fletcher Building might declare in half-year result next week
Gearing could be at the top end of the range and dividends to shareholders could drop.
![Briscoe Group reports record full-year sales but expects dip in net profit](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Briscoe Group reports record full-year sales but expects dip in net profit
The Kiwi retailer has delivered strong results despite an industry downturn.
![Market close: Australian sharemarket hits all-time high as inflation falls](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Australian sharemarket hits all-time high as inflation falls
But in New Zealand, the local index fell nearly half a per cent.
![Mercury leads NZ sharemarket up as Aucklanders take a break](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Mercury leads NZ sharemarket up as Aucklanders take a break
Trading was quiet as Aucklanders relaxed on their anniversary holiday.
![Former mining boss admits false statements, settles case with FMA](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Former mining boss admits false statements, settles case with FMA
The case relates to anonymous posts allegedly made on a sharemarket chatroom.
![Market close: Another earnings warning, another down day for market](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Another earnings warning, another down day for market
The local index had its fourth down day in a row.
![Market close: Shares fall as investors fret about rates](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Shares fall as investors fret about rates
Shares fell at the opening after a mixed day on Wall Street and then slid further.
![Market close: Shares dip as interest rate cut question weighs on investors](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: Shares dip as interest rate cut question weighs on investors
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
![Market close: NZ market set to finish year in the black](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Market close: NZ market set to finish year in the black
The NZX50 is up 2.5 per cent for the year.