Gold rises on uncertainty in Italy
Gold is finding some support from the uncertainty in Italy that's triggered a bid for haven assets.
Gold is finding some support from the uncertainty in Italy that's triggered a bid for haven assets.
COMMENT: Enthusiasm for index funds could prove costly in the long term.
Affable markets boss fixed what was broken but didn't want to overstay his welcome.
New Zealand's sharemarket has been buffeted by major events such as the election of Donald Trump and Brexit.
Yields on US Treasuries climbed and Wall Street was mixed, as energy and bank stocks rose.
New Zealand shares rose, as investors cheered A2 Milk's growth plans while Tower turned around and Spark dropped.
The FMA says it wants to encourage investors into the sharemarket and business conduct will be important in improving confidence.
The market has been buffeted by major events around the world and the latest set of results has done little in guiding the market as the year nears its end.
Oil rallied, as did energy stocks, after OPEC agreed on details to cut output for the first time in eight years.
Energy stocks fell with oil prices amid a stalemate about an agreement to cut production.
New Zealand shares were mixed with Orion Health Group and Tower dragging the index lower on their first-half earnings.
The New Zealand dollar was little changed against the US dollar, with attempts to rally on Wednesday quickly snuffed out by a risk-off attitude in Asia.
ERoad, the logistics and fleet management company, turned to a first-half loss even as revenue rose.
Sealegs, the amphibious vehicle maker, says increased margins have helped counter soft sales in Australia and Europe.
Wall Street fell from record highs as investors locked in some profits from the post-US-election rally.
Green Cross Health, the listed medical services provider, saw its first-half operating profit stall despite a large one-off gain.
NZ shares were mixed as Orion Health Group plunged following its first half results, while Sky Network Television and Contact Energy gained.
The New Zealand dollar gained as the greenback slipped from a 16-year high.
COMMENT: There have been a number of developments in involving potential control changes to NZX-listed companies.
The New Zealand dollar was little changed as the US Thanksgiving holiday left markets subdued.
The European Central Bank warned that "the potential for an abrupt reversal remains significant" on financial markets.
Last week's earthquake is likely to put considerable extra pressure on the nation's already stretched construction sector, says ASB chief economist Nick Tuffley.
NZ shares gain as beat-up market draws bargain hunters; Tower, Chorus, A2 rise.
The New Zealand dollar fell to a five-month low against the US dollar as the greenback continues to surge.
Hellaby shares trade below takeover price as Bapcor war of words grinds on.
Moa Group narrowed its first-half loss after lifting sales while trimming costs, and said it expects to continue driving revenue growth while holding expenses at bay.
The New Zealand dollar fell as measures of US durable goods orders and consumer sentiment rose.
The US dollar rose to the highest level in more than a decade.
The New Zealand dollar regained the ground it shed against the greenback overnight and is expected to be relatively range-bound through to the end of 2016.