Cancer diagnostics company Pacific Edge soared more than 100% after improving its standing in the United States, and the New Zealand sharemarket gained nearly 0.5% on a busy day.

Cyclical stocks continued to recover on the back of an improving economy as the New Zealand sharemarket posted a further 0.7% gain.

The New Zealand sharemarket bounced back with a gain of more than 1%, supported by a strong recovery in the property sector and improved company results.

Ryman Healthcare is under the spotlight for the second day running as it plummeted nearly 20% and brought the New Zealand benchmark down with it.

News of Ryman Healthcare’s $1 billion equity raise precipitated investors to sell other stocks so they could take part.

The New Zealand sharemarket dropped nearly 1% today after investors voted with their feet following the release of Spark’s half-year result, resulting in a significant value drop.

In a busy day of company disclosures, SkyCity Entertainment Group and Auckland International Airport helped drag the New Zealand sharemarket down after falling short of investors' expectations.

The New Zealand sharemarket ended slightly weaker despite investors taking comfort from the Reserve Bank’s 50-basis-point cut in its official cash rate and the prospects of still lower rates later this year.

Turners Automotive upgraded its earnings, Heartland Group took a near $50 million write-off and the New Zealand sharemarket was down slightly while interest rates were cut in Australia.

Global marketer a2 Milk exceeded half-year earnings forecasts, produced its first-ever dividend and led the New Zealand sharemarket to a gain of more than 0.6%.

Contact Energy will join a leading MSCI global index at the expense of Mercury as the New Zealand sharemarket drifted to a small loss.

Cyclical stock Vulcan Steel kicked off the reporting season on a disappointing note by slashing its half-year dividend on a sharp fall in earnings, while the New Zealand sharemarket posted a small gain.

The New Zealand sharemarket drifted on the eve of the latest reporting season, while Millennium & Copthorne Hotels NZ independent directors have rejected a takeover offer.

Manawa Energy plunged more than 8% on uncertainty about whether its merger with Contact will be approved, while the New Zealand sharemarket ended the shortened week with a healthy gain.

The New Zealand sharemarket fell nearly 0.5%, dragged down by volatile Fisher and Paykel Healthcare, as unemployment reached its highest level in four years.

Fisher and Paykel Healthcare and the New Zealand sharemarket staged a strong recovery on relief that the US tariffs on Mexico and Canada have been put on hold.