
Market close: Dip for NZ sharemarket
The New Zealand stock exchange reported a decline as overseas markets led the way.
The New Zealand stock exchange reported a decline as overseas markets led the way.
The New Zealand share market had a slight bump.
There was continued interest in Contact and Mercury ahead of an index change.
It was a soft start to the year on worries about higher bond rates.
The S&P 500 and Nasdaq rose to record highs last year.
But the NZX index finished the year with a gain of 11.4%.
The index hit its highest point of the year after a late run.
Value of deals in 2024 was less than half the value of those the previous year.
NZ GDP falls 1% in September quarter; analysts expected 0.4% decline.
It was an up and down day for the NZ sharemarket.
Leading gentailers Contact and Mercury kept moving in different directions.
The New Zealand sharemarket fell more than half a per cent.
OPINION: Ultimately, a public listing may be needed for it to reach a competitive scale.
The NZ sharemarket rose after falling on five of the last six trading days.
The heavy trading in Auckland International Airport continued.
Chorus came out firing with a pledge to be more competitive.
The New Zealand sharemarket fell more than 1%.
Watch: Liam Dann talks to Mike Taylor about the outlook for the share market.
Turners Automotive provided the local index with more confidence and strength.
A2 Milk shares surge to help lift local market higher.
Investors are waiting for next week's pivotal interest rate decision.
The local market was directionless as it snapped its positive start to the week.
The New Zealand sharemarket reached its highest level in a month.
The local index staged a turnaround.
Meanwhile, the post-election rally cooled in the United States.
Global markets continue to be buoyed by the US election result.
OPINION: Beating political opponents is one thing. Now Trump faces a more powerful foe.