The New Zealand sharemarket shed more than half a percent as it waited for the latest United States inflation rate and the Federal Reserve’s stance on interest rates.

The New Zealand sharemarket slipped nearly half a percent in a day of volatility and intrigue, with two takeover moves and a significant shareholding sell-down in the offing.

The New Zealand sharemarket closed the week flat as it grappled with a slowing economy and a further earnings downgrade, this time from SkyCity.

The New Zealand sharemarket burst into positive territory for the year with a late rise, while the country’s biggest company, Fonterra, provided an encouraging trading update.

The New Zealand sharemarket is close to wiping out its deficit for the year after rising nearly 1%, while Synlait Milk hit an all-time low.

The New Zealand sharemarket continued to drift sideways while the Australian Reserve Bank kept its cash rate on hold while still talking tough.

Top 50 additions Gentrack and Turners Automotive had strong rises while the New Zealand sharemarket lacked direction and finished flat.

The New Zealand sharemarket finished the week on a positive note, though it didn’t get whipped up by the optimism and some new highs on Wall Street.

The New Zealand sharemarket staged a broad-based rally, gaining nearly one percent, following the Reserve Bank of NZ’s surprise forecast of an increased official cash rate the day before.

The Reserve Bank of New Zealand put a big dampener on the NZ sharemarket with its higher-for-longer interest rates approach after Fisher and Paykel Healthcare lifted spirits with a pleasing half-year financial result.

The New Zealand sharemarket bounced more than half a percent, led by a stronger energy sector, and Gentrack surged on a solid annual result and earnings upgrade.

Comvita fell more than 11% on an earnings downgrade, and the New Zealand sharemarket dropped a half percent ahead of the Reserve Bank of NZ’s latest monetary policy statement.

The New Zealand sharemarket closed the week with a small gain as the coalition government agreement, with its sack-full of legislative changes, quelled some uncertainty.

The New Zealand sharemarket closed the week with a small gain as the coalition government agreement, with its sack-full of legislative changes, quelled some uncertainty.

The New Zealand sharemarket continued to drift on light trading as the latest earnings results failed to inspire investors.

Ebos Group slumped more than 6% after pulling out of discussions on a billion-dollar acquisition, but the New Zealand sharemarket held steady.