Star performer Mainfreight has consistently grown its earnings and dividends over the last 13 years but it took a tumble on the New Zealand sharemarket on a sombre outlook for the new financial year.

A surprised New Zealand sharemarket rallied nearly 1% after the Reserve Bank indicated it was done with raising interest rates.

The New Zealand sharemarket dipped nearly half a percent on the eve of the Reserve Bank of NZ’s latest interest rates move, and Infratil continues to set the pace among individual stocks.

Companies producing solid financial results – this time Gentrack – are being rewarded but the New Zealand sharemarket tumbled nearly 1% on interest rate worries.

The New Zealand sharemarket broke through the 12,000 points mark, with a 1% rise, spurred on by a solid earnings performance from a revitalised Ryman Healthcare.

The New Zealand sharemarket dipped when finance minister Grant Robertson announced more spending and borrowing than expected in his latest budget.

Retirement stocks have found a new lease of life and Serko surged on a better-than-expected annual result but the New Zealand sharemarket remained subdued.

The New Zealand sharemarket made a small gain but it presently lacks conviction and direction as worries over inflation and rising interest rates persist.

The New Zealand sharemarket began budget week on a cautious, flat note and the closely aligned companies Synlait and a2 Milk again took a tumble.

The New Zealand sharemarket closed the see-sawing week with a gain of nearly half a percent as it looked positively ahead to the latest financial reporting season.

The New Zealand sharemarket continued its see-sawing act with a near 1% fall and leading stocks were trimmed ahead of the latest reporting season.

The New Zealand sharemarket, well supported by the industrial and energy stocks, came alive with a strong afternoon recovery and a gain of nearly 1% on busy trading.

The New Zealand sharemarket had another uncertain day – just like the effect of Auckland weather – and Tourism Holdings plunged nearly 10% on a cautious trading outlook.

The New Zealand sharemarket had a familiar late surge while Tower caused a stir with a significant earnings downgrade because of the impact of the recent flooding and cyclone.

A hesitant New Zealand sharemarket finished the week with a fall of more than half a percent as it awaits the latest round of company results and digests the recent interest rate rises.

The New Zealand sharemarket staged a solid half-percent recovery, with Fonterra Shareholders’ Fund and Hallenstein Glasson leading the way with strong gains.