
Market close: NZ shares end the week lower
However, a weary and uncertain sharemarket finished 0.36 per cent ahead for the week.
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 S&P/NZX 50 Index slipped from a strong morning of trading.
Ryman Healthcare provided a positive tone to the New Zealand sharemarket at week's end.
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The New Zealand sharemarket opened the week with more than a 1 per cent fall.
The New Zealand sharemarket closed the week more than 2.5 per cent down.
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.
Investors are now looking to a solid reporting season next month to arrest the slide.
The Fed signalled its intention to raise interest rates in March.
The New Zealand sharemarket posted its first gain in six trading days.