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NZ shares rise led by A2 milk and Mainfreight
New Zealand shares rose, led by A2 Milk and Mainfreight which both set new records, while Fisher & Paykel Healthcare fell.
New Zealand shares rose, led by A2 Milk and Mainfreight which both set new records, while Fisher & Paykel Healthcare fell.
The New Zealand dollar fell on expectations the US dollar will extend its post-election rally.
Wall Street seesawed after reaching fresh record highs amid bets on an upbeat outlook for US economic grow.
New Zealand shares fell as Metro Performance Glass, Ryman Healthcare and Auckland International Airport declined while A2 Milk gained following its annual meeting.
Bapcor have taken issue with an independent advisor's report on their takeover of Hellaby Holdings.
The New Zealand dollar gained against its US and Australian counterparts, consolidating above US 70 cents following a run of falling sharply against the greenback.
The New Zealand dollar rose along with other commodity linked currencies as raw material prices gained and the greenback slipped from
Wall Street rose to record highs amid bets that potential tax cuts and spending under Trump could accelerate.
New Zealand shares were mixed with Metro Performance Glass falling while Kiwi Property Group and Evolve Education Group gained.
COMMENT: Why did the exchange pursue a hugely expensive, and ultimately unsuccessful, legal claim?
The New Zealand dollar was little changed against the greenback as the US dollar index reached technical resistance levels.
New Zealand shares dipped, led lower by Orion Health Group and Metro Performance Glass, while New Zealand Refining Co gained on improved margins.
Steel & Tube Holdings boss Dave Taylor says a "dramatic upswing" in coking coal prices and higher iron ore prices meant there needs to be a hike in domestic steel prices.
Abano Healthcare's board has reiterated its advice that shareholders should wait for a formal recommendation before accepting a partial takeover offer.
Disgruntled Veritas Investments shareholders fired a salvo of questions over poor performance and the tanking share price for the group.
Wall Street fell with bank stocks, while some tech shares including Apple continued a rebound from a recent slide.
New Zealand shares rallied, led by New Zealand Refining Co, Summerset Group Holdings and Trustpower, while Auckland Airport dropped.
Neither Ralec nor NZX will get a payout from their seven-year High Court dispute.
The New Zealand dollar gained as US bonds rose in Asia, capping a selloff that drove yields to their highest levels this year and dragged the greenback up with them.
Share market investors are expected to be "gun-shy" and hold off from big trades until they believe the aftershocks are over.
US Treasuries dropped, while the greenback strengthened amid expectations Trump will boost spending and inflation.
COMMENT: If new President starts spending then US interest rates will move higher and mortgage rates here will follow.
The New Zealand sharemarket held up well today, but the worst could be yet to come as aftershocks threaten the country.
New Zealand shares rose, led by companies that stand to benefit from earthquake repairs such as Fletcher Building and Metro Performance Glass.
New Zealand businesses are equipped to deal with earthquakes and are holding up well says a top fund manager.
COMMENT: Investors take a glass-half-full approach and focus on hopes spending will get US economy moving again.
It was perhaps the most surprising trade in a record-setting week on Wall Street.
Trump's election victory this week ignited a frenzy of buying in industrial metals.
Warren Buffett is once again the second-richest person on the planet, and he has President-elect Donald Trump to thank.
WATCH: Why the US sharemarket continued to rally on the back of a win for Donald Trump in the presidential election.