New Zealand shares chased Wall Street higher as a sudden turnaround in market sentiment sent key international indices up as much as 2% overnight.

New Zealand's headline share index was little changed even as some positive sentiment returned for investors waiting nervously for more hard data on omicron.

New Zealand's main share index fell on Monday after highly valued global stocks and cryptocurrencies traded lower over the weekend in anticipation of US rate hikes and in fear of omicron.

The New Zealand sharemarket was virtually unchanged on Friday with the benchmark equity index making a 0.4% gain this week despite starting it with a 1.5% fall due to omicron.

New Zealand's sharemarket fell in sync with Wall Street which took a last-minute dive in the early hours of Thursday morning after the first case of omicron was found in the US.

New Zealand shares held steady as a strong gain from Synlait Milk offset global market jitters after the US Federal Reserve chair said the risk of high inflation could see the bank tighten policy.

New Zealand's main share index rose as investors shook off the sense of panic over a potential dangerous covid variant and as the MSCI equity indices completed their quarterly rebalancing.

New Zealand shares recovered from a shock open after falling almost 200 points in the first half-hour of trading as investors reacted to the omicron covid variant.

New Zealand shares plunged in one of the sharpest declines this year as news of a new covid variant spooked investors around the world.

New Zealand's main share index edged up on Thursday despite mixed sentiment and as Fisher & Paykel Healthcare surprised with half-year revenue holding steady.

Pressure came off financial markets Wednesday afternoon after the central bank moved the official cash rate up 25-basis points, rather than the 50-point hike markets had been fearing.

New Zealand's headline share index dropped on Monday as investors braced themselves for the Reserve Bank to hike the official cash rate later this week.

New Zealand's headline share index dropped on Monday as investors braced themselves for the Reserve Bank to hike the official cash rate later this week.

New Zealand shares finished the week on a weak note with Ryman Healthcare leading the market lower after reporting half-year earnings.

New Zealand’s sharemarket dipped again on Thursday as a Reserve Bank survey showed inflation expectations for the next two years had jumped to just under 3%.

The main New Zealand share index fell on Wednesday with mobile marketing firm Plexure posting a significant drop after it reported a hefty half-year loss this morning.