New Zealand shares joined a global rally, with Infratil one of the frontrunners after the infrastructure investment firm resumed trading fresh off a successful $1 billion to institutional investors.

New Zealand shares fell in subdued trading conditions, driven partly by investors selling out of other positions to participate in Infratil’s mammoth $1.15 billion capital raising.

An earnings downgrade from Steel & Tube put a dampener on sharemarket sentiment after a mostly flat and directionless day’s trading.

New Zealand’s sharemarket snapped a five-day losing streak as it joined a global rally on optimism that slower-than-expected US inflation might lead to earlier interest rate cuts.

The New Zealand sharemarket had a late fall with Fisher & Paykel Healthcare doing its best to bolster trading. But all eyes were on the US Federal Reserve’s latest meeting.

The New Zealand sharemarket finished flat after a rocky day, but was boosted by leading insurer Tower’s second earnings upgrade within two months.

The New Zealand sharemarket opened the week on a quiet note, recording its third successive fall, as investors expectantly awaited the next move by the US Federal Reserve.

The New Zealand sharemarket had a late dive, falling nearly 1% as investors took some profit following the recent rally.

SkyCity Entertainment plunged to a 24-year low on its second earnings downgrade within six months but the New Zealand sharemarket remained reasonably resilient with a slight fall.

The New Zealand sharemarket climbed to its highest level in eight weeks after delivering its third successive day of gains, with property stocks rebounding.

The New Zealand sharemarket took a moderate approach after the big rise last Friday as intrigue surrounded debt-laden Synlait Milk’s next moves including a capital raise.

A new long-term deal supplying power to the Tiwai Point aluminium smelter boosted the leading energy stocks and drove the New Zealand sharemarket to one of its biggest single-day rises in years.

The New Zealand sharemarket tumbled 1% to a near-low for the year, triggered by a sell-off in leading stocks and not the tax-friendly Budget.

Heavyweights Fisher & Paykel Healthcare and Mainfreight made gains with pleasing annual results, but they weren’t enough to lift the New Zealand sharemarket higher.

New Zealand sharemarket drifted to a fall of more than half a percent on a mixed bag of local company results – though the commercial property sector is showing signs that valuations are settling.

Former New Talisman Mine chief executive Matthew Hill has been ordered to pay $100,000 for making false and misleading comments online.