Market close: NZ sharemarket falls despite Mainfreight's strong day
Mainfreight's performance was well received by the market and investors.
Mainfreight's performance was well received by the market and investors.
Sharesies is working with a number of NZX-listed companies.
An energetic Fisher and Paykel Healthcare led the way.
However, a weary and uncertain sharemarket finished 0.36 per cent ahead for the week.
The NZ sharemarket went into a reflective mood after two strong trading days.
The index finished a tumultuous shortened week down 3.26 per cent.
The S&P/NZX 50 Index fell 1.5 per cent for the week.
The index opened the second half of the year with an agonising one per cent fall.
New Zealand's benchmark share index rose with US markets.
The NZ sharemarket closed lower but was boosted in the afternoon after the Budget.
Established companies fought back after torrid few weeks
Simon Henry's company share price takes a hit.
NZ stocks were sold down this morning after a sharp fall on Wall Street.
Australian law firms Slater and Gordon and Shine Lawyers have joined in the class action.
The New Zealand sharemarket closed the week with a small gain.
The boost to travel stocks wasn't enough to stop the sharemarket falling to a small loss.
And Netflix loses 200,000 subscribers in the first quarter of 2022.
The New Zealand sharemarket closed the week more than 2.5 per cent down.
The New Zealand sharemarket ended a choppy session lower.
Investors went looking for cheap buys.
Markets have been in turmoil following Russia's invasion of Ukraine.
Russia's military manoeuvres in Ukraine will cause economic shocks here and worldwide.
The New Zealand sharemarket has suffered its biggest single-day fall in nearly two years.
Local stocks gave up recent gains as tension mounts in the Ukraine.
The trading graph of the S&P/NZX 50 Index resembled the Winter Olympics ski slope.
The S&P/NZX 50 Index began falling mid-afternoon, and eventually ended the day lower.
Market follows offshore leads.
The FMA alleges inside information was used prior to a market announcement in 2018.
Companies that disappoint with results are being harshly treated.