The New Zealand sharemarket shrugged off an unexpectedly high inflation rate across the Tasman and surged 1%, its second successive strong gain.

The New Zealand sharemarket followed a strong lead from over the Tasman and gained more than half a percent, with blue-chip stocks coming alight.

The New Zealand sharemarket was lower on another downgrade from The Warehouse Group, which forecast its operating earnings plunging nearly 65% in 12 months.

New Zealand shares fell in a late flurry of activity as investors digested the quarterly rebalancing of the S&P/NZX and FTSE Russell indices tracked by passive investment funds.

New Zealand shares rallied as data showed a swelling population helped drag the economy out of recession.

New Zealand shares fell as investors ponder the nation’s tight monetary policy ahead of economic data poised to show whether or not the country’s out of recession.

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.