NZX chief executive Tim Bennett says demand is looking solid for small and medium-sized sharemarket listings, but a potential downturn in market conditions could affect the environment for initial public offerings in the year ahead.

A high-profile fund manager has confirmed it is being investigated by the Financial Markets Authority over alleged market manipulation.

The Financial Markets Authority is investigating a local fund manager over suspected market manipulation, according to sources.

Senior New Zealand public servants' and chief executives' total collective pay is at the lowest level in six years.

Childcare roll-up Evolve Education Group has set the price for its initial public offer at $1 per share giving it a market share of $177 million.

The FMA will not be taking any action against Gentrack but said the Auckland-based firm could have been clearer in its initial public offer IPO prospectus.

ERoad, the logistics and fleet management company, got a 'please explain' by NZX regulation after its stock gained 16pc in six days

The number of trades on the NZX rose 6.1 percent to 121,347 last month, compared to the same period a year earlier.

New Zealand shares rose yesterday, pushing the NZX 50 Index to its ninth straight record close, as New Zealand Oil & Gas signalled plans for a capital return given cash flow from production at its Tui oil field.

Spark NZ yesterday briefly reclaimed the top spot as the most valuable company on the NZX, a position it once firmly held in its previous incarnation as Telecom.

What are the top 10 worst performing shares of 2014 so far? Find out with a graphic showing the biggest losers.

Check out a snapshot of some of the stellar performers on the New Zealand sharemarket this year, as it surged ahead breaking new records.

The Commonwealth Bank of Australia has taken a substantial shareholding in ERoad, two months after the logistics and fleet management company floated on the NZX.

Financial markets have been gripped by investor fear in recent days but the boss of the $26 billion New Zealand Superannuation Fund reckons volatility is as much an opportunity as a risk.

Almost a quarter of New Zealand executives think top-level managers' pay packets are out of kilter with reality, a survey suggests.

NZX is offering a new service for the dairy industry to forecast local milk production and calculate milk prices.

The Financial Markets Authority has today issued a warning about General Equity, which it considered has "engaged in misleading and deceptive conduct."

The 300-strong, record turnout at last weekend's Shareholders Association annual conference helped illustrate a major challenge facing the local sharemarket.

The June 2014 reporting season is over, the results have been counted and analysed.

NZX, the stock market operator, has revealed its new market with lighter disclosure requirements will be called NXT.