GoodReturns | NZ’s financial adviser news-item centre

NZX rises for second session in a row, as Synlait reaches new record low

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.

Tue, Jun 4th 2024 07:01PM

Tiwai Point power deal buoys NZ sharemarket, up 2.68%

4 min read

NZ sharemarket falls 1% to near-low for year

4 min read

F&P Healthcare, Mainfreight gains not enough to lift NZ sharemarket

4 min read

Mixed bag of results takes NZ sharemarket down 0.5%

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.

4 min read

Mixed bag of results takes NZ sharemarket down 0.5%

Former NTL boss fined $100K

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

2 min read

Vista move dominates NZ sharemarket

Technology firm Vista Group dominated the trading and price movements, rising 14%, after gaining a new majority shareholder on an otherwise quiet day on the New Zealand sharemarket.

4 min read

Dimming faith in interest rate cuts give NZ market the jitters

An uncertain New Zealand sharemarket followed a sharp fall on Wall Street, now losing faith in an early interest rate cut, with a small loss after a late recovery in the day.

3 min read

Dimming faith in interest rate cuts give NZ market the jitters

Positive reporting and speculation drive sharemarket higher

Another rumour of a takeover bid for Fletcher Building, the country’s largest construction company, energised the New Zealand sharemarket for a rise of more than half a percent.

4 min read

Positive reporting and speculation drive sharemarket higher

Rollercoaster ride for NZ sharemarket as inflation reaction drives investors

The New Zealand sharemarket fell sharply and then recovered its nerve after the Reserve Bank dashed hopes of an early cut to interest rates.

4 min read

Rollercoaster ride for NZ sharemarket as inflation reaction drives investors

NZ sharemarket dips despite positive earnings reports

Strong earnings results from Infratil and Turners Automotive, reporting a record year, could not stem a half a percent fall on the New Zealand sharemarket.

4 min read

NZ sharemarket dips despite positive earnings reports

Positive Gentrack result gives sharemarket a boost

A surging Gentrack gave the New Zealand sharemarket and the company reporting season a positive tone with strong revenue growth and an earnings upgrade.

4 min read

Positive Gentrack result gives sharemarket a boost

NZ sharemarket pauses ahead of reporting season

The New Zealand sharemarket closed down slightly ahead of reporting season getting into swing next week.

4 min read

NZ sharemarket pauses ahead of reporting season

NZ sharemarket has biggest single-day rise in seven months

The New Zealand sharemarket snapped out of its malaise with a strong rally of 1.75% – the biggest single-day rise in seven months.

4 min read

NZ sharemarket has biggest single-day rise in seven months

NZ sharemarket plunges to lowest level in six months

The New Zealand sharemarket plunged to its lowest level in six months as the weak economy continues to dampen investors’ appetite.

4 min read

NZ sharemarket plunges to lowest level in six months

NZ sharemarket down, Ryman Healthcare up

Ryman Healthcare sprang into life, gaining more than 4% on heavy trading, while the New Zealand sharemarket had another down day.

4 min read

NZ sharemarket down, Ryman Healthcare up

Fletcher brings down the NZX

The New Zealand sharemarket tumbled to its lowest level in 15 weeks following another earnings downgrade – this time from Fletcher Building, which fell nearly 10%.

4 min read