The New Zealand sharemarket followed sharp falls offshore on fresh investor concerns that the sticky inflation will delay interest rate cuts.

Technology company Serko surged nearly 20% on a strong business update as the New Zealand sharemarket posted a handy gain.

Fisher and Paykel Healthcare hit a 27-month high as it led the New Zealand sharemarket to a 1% gain on the back of a strong rally on Wall Street.

The New Zealand sharemarket bore the brunt of hotter-than-expected inflation data in the US that saw bond yields rise and more angst over the timing of any interest rate cuts.

Strong performances from Fisher and Paykel Healthcare and Ebos pushed the New Zealand sharemarket to its highest single-day rise in over five months – up more than 1%.

An uncertain New Zealand sharemarket was again lower, giving up well-earned gains from the day before, but there was some bargain hunting in cyclical retail stocks.

The New Zealand sharemarket posted a solid 0.5% gain, joining other regional sharemarkets in bouncing back as tension between Iran and Israel appeared to ease.

An Israeli counter-attack on Iran sent sharemarkets into further turmoil, with New Zealand and its defensive stocks faring the best in terms of falls.

The New Zealand sharemarket declined for the 13th time in 16 trading days, dragged down by heavyweights Fisher and Paykel Healthcare and Ebos Group.

The New Zealand sharemarket staged a strong turnaround, gaining more than 0.5%, as inflation continues to fall – though in some areas, it remains sticky.

The New Zealand sharemarket, down 1%, had its biggest single-day decline in four months. But it wasn’t as bad as the widespread selling and falls offshore.

The Iranian attack on Israel sent nervous sharemarkets tumbling around the world – and New Zealand was no exception though it recovered boldly in the afternoon.

The New Zealand sharemarket, heading for its 10th fall in 12 days, finished the week flat and was saved by another rise in the end-of-day matching session.

An unsettled New Zealand sharemarket had a late surge after being dragged down by rising wholesale interest rates and hotter-than-expected United States inflation.

An unsettled New Zealand sharemarket had a late surge after being dragged down by rising wholesale interest rates and hotter-than-expected United States inflation.

The New Zealand sharemarket rose for the first time in more than a week on the back of renewed broker confidence in Fisher and Paykel Healthcare and a Reserve Bank signal that inflation is being tamed.