New Zealand’s sharemarket rose with investors inspired by two sets of economic data showing a resilient labour market and fast-improving dairy prices.

Fletcher Building slumped nearly 7% after a further $165 million blowout on the New Zealand International Convention Centre, but the sharemarket showed resilience by finishing flat. 

Heavyweight Fisher & Paykel Healthcare had a strong rise, leading the New Zealand sharemarket to its highest level in nearly six months.

Manuka honey producer Comvita plunged to a 12-year low on the New Zealand sharemarket with an earnings downgrade, and SkyCity Entertainment was on the rise after achieving a regulatory settlement.

Australian inflation fell more than expected, and its sharemarket hit an all-time high. But the New Zealand bourse ignored all that action and declined nearly half a%.

The New Zealand sharemarket, trading flat, shrugged off a Reserve Bank of NZ view that interest rates will have to stay higher for longer. However, the collapse of Godfreys will bring some uncertainty to the retail sector.

The New Zealand sharemarket had another quiet day, ignoring further gains on Wall Street, but it completed the week with a healthy rise of more than 1%.

The New Zealand sharemarket had a lacklustre day, unperturbed by the action offshore that saw computer software giant Microsoft join the elite US$3 trillion (NZ$4.9t) club.

The New Zealand sharemarket staged a strong turnaround after the latest consumer price index said annual inflation fell below 5% for the first time in 27 months.

The New Zealand sharemarket rebounded 1%, fuelled by strong performances offshore, with Wall Street at the centre of the action in a bull run.

The New Zealand sharemarket started the week on a positive note, with a2 Milk surging nearly 6% after finding renewed favour from investors.

The New Zealand sharemarket chalked up its fifth down day in a row – with retail jeweller Michael Hill providing a warning of a drop in earnings because of challenging trading conditions.

The New Zealand sharemarket’s main index gave up more than a half percent – its fourth down day in a row – accompanied by another earnings warning, this time from Colonial Motor Company.

Global marketer a2 Milk increased nearly 4% due to a slowing birth rate in its crucial Chinese market as the New Zealand sharemarket finished flat for the second day running.

The New Zealand sharemarket, lacking some direction, staged a late recovery and finished flat on another quiet trading day.

The New Zealand sharemarket was still in holiday mode on Monday, starting the new week on lighter than normal trading and a fall of more than half a percent, as many offices began reopening.