The New Zealand sharemarket tumbled nearly half a percent and defensive stocks were hit as wholesale interest rates crept up on further inflation concerns.

The New Zealand sharemarket staged a late surge, but Fletcher Building had a bumpy day after revealing its Australian subsidiary was under investigation for a leaky pipe product.

The New Zealand sharemarket slipped nearly half a percent on one of the quietest days of the year, unable to be stirred by a strong rebound on Wall Street.

The New Zealand sharemarket had another meandering day with investors focused on the latest inflation data and when interest rates will start falling.

The New Zealand sharemarket posted a small gain but it still hasn’t fired up since the Easter break – and has an eye on the latest United States inflation.

The New Zealand sharemarket opened the week in a lacklustre mood following the Easter break, with Summerset Group acknowledging the tough trading in the retirement village sector.

After the shock of the Reserve Bank of New Zealand’s half a percent hike in the official cash rate, it was all quiet on the NZ sharemarket front with investors switching to Easter holiday mode.

The New Zealand sharemarket tumbled and then recovered from the shock of an unforgiving Reserve Bank of NZ defying predictions and increasing the official cash rate to its highest level in 14 years.

The New Zealand sharemarket perked up with a half percent gain after the Australian Reserve Bank boldly paused interest rate rises – and now all eyes are on the NZ counterpart.

A hesitant New Zealand sharemarket fell nearly half a percent as it waited for the latest interest rate decisions from the central banks on each side of the Tasman.

Hallenstein Glasson shone bright with a solid first-half performance but the New Zealand sharemarket took a breather after a strong rally this week.

The New Zealand sharemarket followed a strong day on Wall Street with an impressive gain of well over 1%, and utility stocks were again lively.

Buyers, so prevalent the day before, disappeared and the New Zealand sharemarket lost ground today. But the latest Australian consumer price index gave hope that central banks may be winning the battle against inflation.

The leading energy and retirement stocks led a strong revival in the New Zealand sharemarket, up more than one percent, following a positive day offshore.

Property stocks staged a recovery, Synlait Milk took another hit, falling more than 5%, and out of it, the New Zealand sharemarket managed a small gain.

Consistent performer Mainfreight stumbled and New Zealand shares finished the week on a flat note with investors remaining wary about where markets are heading.