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![Summerset sets record as index drifts](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Summerset sets record as index drifts
New Zealand shares had a mixed day yesterday. Companies which have enjoyed the best rallies this year, including Telecom, paced the decline.
![FMA's busy first year keeping industry clean](/pf/resources/images/placeholders/placeholder_l.png?d=796)
FMA's busy first year keeping industry clean
The Financial Markets Authority is about to celebrate its first birthday and boss Sean Hughes says it's been no picnic.
![Sky TV and Rakon push shares higher](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Sky TV and Rakon push shares higher
New Zealand shares rose, pushing the NZX 50 index to its highest since mid-March.