Vista Group International led the local stock market higher as Japanese policymakers sought to quell market instability and fears about a potential US recession subsided.

New Zealand shares fell for a third day, having been left behind by the recovery across Asia after Monday’s rout in Japan, as economists ratcheted up calls for interest rate relief to ease a slowing economy.

New Zealand shares joined a global rout as markets across Asia felt the brunt of Friday’s weak US jobs report. The report stoked fears of a recession in the world’s biggest economy and dented exporters exposed to America, such as Fisher & Paykel Holdings.

New Zealand stocks held up better than offshore markets as investors became wary of a global economic slowdown. At home, the Warehouse Group fell nearly 15% after knocking back a takeover proposal.

The New Zealand sharemarket traded steadily with a rise of more than 0.5% on the back of a rebound in the United States technology sector as investors there get ready for interest rate cuts.

The New Zealand sharemarket made a small gain on a mixed bag of gains and losses ahead of the coming reporting season.

Global exporters Fisher and Paykel Healthcare and a2 Milk, helped by a weaker currency, led the New Zealand sharemarket higher, rising more than 0.5%.

Manuka honey producer Comvita slumped on its fourth earnings downgrade in eight months, but the New Zealand sharemarket hung in with a small fall.

The New Zealand sharemarket ground out a small gain for the week, with three small-cap software firms gaining strength and consumer confidence slowly improving. 

The New Zealand sharemarket, with Mainfreight having one of its biggest single-day falls, was down 1% on the back of a big sell-off in the technology sector in the United States.

The New Zealand sharemarket continued to push higher, with the rally taking place across a broad range of stocks, especially those that had been beaten down.

A half-billion-dollar takeover bid for retailing icon The Warehouse sparked further life into the New Zealand sharemarket, posting a strong gain of nearly 1%.

Takeovers were the name of the game on the New Zealand sharemarket, with Arvida Group surging more than 50% and The Warehouse Group not that far behind.

The New Zealand sharemarket was rescued late in the day and finished flat after a sterling two weeks of welcome gains. There was a revival in retail stocks.

The New Zealand sharemarket traded flat for most of the day, but it is on track for a healthy monthly return of more than 5%.

The New Zealand sharemarket pushed to a 29-month high as inflation fell significantly, raising hopes that early interest rate cuts were on their way.