GoodReturns | NZ’s financial adviser news-item centre

NZ market flat as RBNZ keeps OCR at 5.5%

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.

Wed, Oct 4th 2023 06:07PM

NZ market flat as RBA hits the handbrake

3 min read

Pacific Edge falls as NZ market sinks into the red

4 min read

Sharemarket rises on quarter-end buying

3 min read

NZX50 drops more than 1% as bond yields rise

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

3 min read

NZX50 drops more than 1% as bond yields rise

NZ market edges down as employment confidence hits low point

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

4 min read

NZ market edges down as employment confidence hits low point

NZ market down as investors press pause

New Zealand's benchmark share index slid on Tuesday, during a lull in company news as investors pressed pause mode before the election.

4 min read

NZ market ticks up as school holidays kick off

A late, index-related buying surge took the New Zealand sharemarket into positive territory at the close after spending most of the day in the red.

4 min read

NZ market ticks up as school holidays kick off

Late surge lifts NZ sharemarket into positive territory

A late, index-related buying surge took the New Zealand sharemarket into positive territory at the close after spending most of the day in the red.

4 min read

Late surge lifts NZ sharemarket into positive territory

NZX50 slips as Fonterra result shines in the gloom

A stronger-than-expected annual result from Fonterra enlivened an otherwise flat day’s trading on the sharemarket.

4 min read

NZX50 slips as Fonterra result shines in the gloom

NZ market flattens out as KMD Brands falls almost 5%

New Zealand's benchmark share index dipped slightly as investors waited to hear what the US Federal Reserve said after its two-day meeting came to an end early Thursday morning NZ time.

5 min read

NZ market flattens out as KMD Brands falls almost 5%

NZ market follows the US as investors wait for Fed’s decision

New Zealand's benchmark share index headed downward on Tuesday, following US market sentiment as investors wait for the US Federal Reserve meeting later this week.

5 min read

NZ market follows the US as investors wait for Fed’s decision

NZ market edges up while shares in Synlait Milk drop almost 10%

New Zealand's benchmark share index rose while shares in milk processor firm Synlait Milk fell almost 10% on the news that A2 Milk wants to cancel Synlait’s exclusive milk formula production and supply rights deal because of delivery and performance issues.

4 min read

NZ market edges up while shares in Synlait Milk drop almost 10%

NZ sharemarket ends week on brighter note with heavy trading

The New Zealand sharemarket had its second gain of the week on the back of strong rebounds in offshore bourses and further economic stimulus in China.

4 min read

NZ sharemarket ends week on brighter note with heavy trading

NZ sharemarket suffers from ex-dividend blues

The New Zealand sharemarket had another fall, dragged down by several leading stocks going ex-dividend. Its welcome half percent gain the day before was short-lived.

4 min read

NZ sharemarket suffers from ex-dividend blues

NZX50 breaks an eight day losing streak

The New Zealand sharemarket broke a sequence of down days with a welcome half% rise, helped by a positive financial result from big retailer Briscoe Group.

4 min read

NZ sharemarket steadies after govt opens the books

The New Zealand sharemarket steadied the ship after the Treasury’s pre-election economic update turned out to be not quite as gloomy as people expected.

4 min read

NZ sharemarket steadies after govt opens the books

NZ sharemarket slips ahead of economic and fiscal update

Weaker property stocks and an under-pressure Ebos Group helped push the New Zealand sharemarket to another fall as investors waited for the pre-election economic update.

4 min read