New Zealand’s benchmark index edged up after consumer price index (CPI) data came in lower than most economists and the country’s central bank forecast.

New Zealand’s benchmark index fell almost 1% on the first day of market trading following the National party claiming victory at the 2023 election on Saturday night.

New Zealand share prices slipped again as investors took to the sidelines before the election, with a looming battle between Fletcher Building and Western Australia’s BGC and a possible bid for Sky TV being the main talking points.

Uncertainty surrounding Fletcher Building and the upcoming general election made for a quiet day’s trading on the sharemarket on light volume.

New Zealand’s market edged up while Fletcher Building slammed on the trading halt brakes over concerns around an upcoming presentation by an Australian builder concerning issues with its leaky pipes in Western Australia.

New Zealand’s benchmark index brightened up on Tuesday, thanks to international tailwinds pushing the NZ market higher after a volatile day of trading.

New Zealand’s benchmark index slid as investors started the countdown to the election later this week and waited for key US inflation data due this Friday.

Weakness in the big power companies helped drive the sharemarket lower while investors took to the sidelines in the leadup to the release of key United States labour data for September.

Weakness in the big power companies helped drive the sharemarket lower while investors took to the sidelines in the leadup to the release of key United States labour data for September.

A sharp fall in oil prices and a dip in US Treasury yields helped drive New Zealand stocks to a stronger finish as turnover thinned out in the leadup to the election.

Neither New Zealand’s benchmark index nor economists were surprised by the fact there was no change made to the official cash rate by the Reserve Bank of New Zealand on Wednesday. 

All was quiet on New Zealand’s benchmark index on Tuesday as the Reserve Bank of Australia has continued to hit an expected pause on hiking the cash rate, and investors wait to see if the Reserve Bank of NZ follows the same line of thinking – or goes rogue.

New Zealand's benchmark share index edged lower while cancer diagnostics firm Pacific Edge experienced another share price tumble.

The New Zealand sharemarket clawed back lost ground on the back of end-of-quarter buying to finish with a strong gain.

A two-thirds drop in The Warehouse’s annual net profit and rising bond yields helped drag the New Zealand sharemarket lower.

New Zealand's benchmark share index slid into the red as local employment confidence hit its lowest point since December 2020.