New Zealand's main share index plunged almost 200 points to its lowest level since October 2020 as investors ditch stocks across the board in response to rising interest rates.

New Zealand's main share index took yet another tumble on Thursday as inflation rose to its highest level in three decades and the US central bank offered very little detail on its future policy.

New Zealand's main share index edged higher as tomorrow’s Federal Reserve meeting and local inflation data release loomed over the market.

New Zealand's headline share index fell for a fifth consecutive session on Tuesday, but A2 Milk was lifted from a five-year low by rumours it could be a takeover target for a Canadian dairy firm.

Nikko Asset Management isn't among those bailing from Cathie Wood's Ark Innovation exchange-traded fund (ETF).

New Zealand shares and the kiwi dollar fell on Monday as investors eye up whether the spreading omicron outbreak will prompt the US Federal Reserve to signal faster and steeper interest rate hikes on Thursday.

New Zealand shares fell on Friday as the local market continued to follow the US which has been falling precipitously ahead of interest rate hikes pencilled in for March.

New Zealand shares fell on Thursday as investors prepared for an outbreak of covid’s omicron variant, which is widely considered to be imminent with many cases arriving in managed isolation.

ANZ Bank said the peak in the official cash rate will now be 100 basis points higher than it expected, hitting 3% by April 2023, as inflation ramps up and the labour market remains tight.

New Zealand shares fell sharply, and bond yields surged to multi-year highs after ANZ Bank predicted the Reserve Bank would hike the official cash rate all the way to 3%.

New Zealand shares finished the day virtually unchanged with little volume traded through the market, but IkeGPS jumped 8.2% after extending a customer contract.

New Zealand shares edged higher in very light trading with US markets closed until Tuesday night for Martin Luther King Day.

New Zealand shares finished their first full week of trading down approximately 1.5% as US markets got the jitters over the prospect of interest rate hikes as soon as March.

New Zealand shares moved marginally higher as US inflation data matched expectations and Serko bounced back from a harsh sell-off.

New Zealand shares fell marginally as an overnight bounce on Wall Street failed to buoy the local index, which was again led lower by riskier stocks.

New Zealand shares fell for a third consecutive session as international investors continue to sell risk assets in the expectation the US central bank will soon tighten monetary policy.