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NZ shares dip as investors wait on Ebos

The New Zealand sharemarket had a soft ending to the week, and investors were holding off waiting to see what Ebos Group has up its sleeve.

Fri, Nov 17th 2023 06:23PM

NZ sharemarket dips on profit taking

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NZ shares rise on further hopes inflation tamed

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NZ shares lift as investors contemplate inflation's peak

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NZ sharemarket dips on very light volumes

The New Zealand sharemarket slipped nearly half a percent as the latest reporting season was met with light trading.

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NZ sharemarket dips on very light volumes

Energy stocks lead the NZ sharemarket down

A softer New Zealand sharemarket closed the week with a half percent fall, dragged down by the big three energy stocks as long-term interest rates climbed back up.

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Energy stocks lead the NZ sharemarket down

NZ sharemarket returns to gaining ways

The New Zealand sharemarket got back on a winning run – driven by a surge of more than 9% from Mainfreight on its better-than-expected half-year financial result.

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NZ sharemarket slips as Sky TV rejects takeover bid

The New Zealand sharemarket slipped today as Sky TV knocked back a takeover offer.

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NZ sharemarket slips as Sky TV rejects takeover bid

NZ sharemarket snaps winning streak

The New Zealand sharemarket’s five-day winning streak has ended abruptly, driven in part by weaker banking stocks.

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NZ sharemarket extends gain as Westpac kicks off bank reporting

New Zealand’s sharemarket extended its rally for a fifth day as dual-listed Westpac kicked off the bank reporting season with an increased dividend and a share buyback.

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NZ sharemarket extends gain as Westpac kicks off bank reporting

NZ sharemarket marks four days of rises

The re-energised New Zealand sharemarket made another significant gain on a lively day featuring a $150 million takeover offer for MHM Automation, one of the country’s oldest engineering companies.

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Surge leads to biggest single-day rise in NZ sharemarket

The blue-chip stocks picked up a head of steam as the New Zealand sharemarket recorded its biggest single-day rise in nearly a year with a surge of more than 1.7%.

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Surge leads to biggest single-day rise in NZ sharemarket

NZ sharemarket rebounding strongly

The New Zealand sharemarket continued its rebound, with bellwether stocks Mainfreight and Freightways making ground and a softer labour market keeping a lid on inflation.

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NZ sharemarket breaks seven days of declines

The New Zealand sharemarket had a welcome gain as stocks on Wall Street rebounded strongly, and business confidence picked up locally.

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NZ sharemarket breaks seven days of declines

NZ sharemarket continues to slide

The New Zealand sharemarket had its seventh successive fall as it continued to be battered by increased interest rates and a weak NZ dollar.

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NZ sharemarket hits 16-month low

The New Zealand sharemarket hit a 16-month low with a fall of nearly 1% following further mixed messages on company earnings from the latest annual meetings.

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NZ sharemarket continues to slide

The New Zealand share market ended lower as annual meeting confessions continued to disappoint.

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Interest rates, earnings guidance squeezes shares down

The New Zealand sharemarket continued to lose ground as stocks were still boxed in by high interest rates and modest earnings expectations.

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Interest rates, earnings guidance squeezes shares down

Eroad leads market lower as rising bond yields weigh

Transport hardware and software company Eroad led the local share market lower as rising bond yields continue to weigh on the outlook for technology stocks.

3 min read