NZ takes back seat on Dow train
NZ sharemarket taken a breather from its record-breaking run, but prices remain elevated.
NZ sharemarket taken a breather from its record-breaking run, but prices remain elevated.
The S&P/NZX 50 Index dropped 30.98 points, or 0.4 per cent, to 8,211.37
The S&P/NZX 50 Index dropped 68.33 points, or 0.8 per cent, to 8,364.9
COMMENT: NZ companies with small shareholders from abroad can be caught up in OIO net.
The S&P/NZX 50 Index dropped 30.07 points, or 0.4 per cent, to 8,425.48
COMMENT: From a national perspective, our financial ignorance is damaging.
This is a long-running bull market, and anyone putting money in now is not buying cheap.
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COMMENT: Inflation, politics, housing, banks and China all pose risk.
The S&P/NZX50 Index edged up 3.3 points, or 0.04 per cent, to 8,280.81
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The S&P/NZX 50 Index gained 42.42 points, or 0.5 per cent, to 8,277.51
COMMENT: Crucial targets must be met to flourish on the stock exchange.
New Zealand shares gained in continued light trading, led higher by Xero and NZX.
Kiwi dollar was heading for a weekly decline, after being dragged lower by the Oz dollar.
The S&P/NZX50 Index gained 41.74 points, or 0.5 per cent, to 8,172.6.
Dow climbed to a record 24,534.04 while the S&P 500 touched a record 2,665.19.
The S&P/NZX 50 Index slipped 3.96 points, or 0.05 per cent, to 8,184.87.
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The Auckland-based company reported a net loss of $3.6 million.
OPINION: Little volatility on Wall Street is a little unnerving.
The S&P/NZX 50 Index rose 16.51 points, or 0.2 per cent, to 8104.99
A2 Milk the best performer after it met investor hopes at its annual meeting.
The S&P/NZX 50 Index gained 27.82 points, or 0.3 per cent, to 8089.8.
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The New Zealand stock exchange wants to encourage more investors from Aussie and Asia.