New Zealand’s benchmark index dipped today as fleet management company Eroad tumbled to a record low.

New Zealand's headline share index fell on Wednesday as a global equity rally that started the week lost momentum with investors unwilling to bid up stocks ahead of an economic slowdown.

Lethargy seeped into New Zealand’s benchmark index today following global markets lacking energy overnight – but shares still managed to push the local index up by the end of the day.

New Zealand shares bounced on Monday, following a rebound on Wall Street over the weekend on the expectation that interest rates wouldn’t go as high as some had thought.

New Zealand's benchmark index rose on Thursday – the day before NZ celebrates Matariki as a public holiday for the first time – thanks to index heavyweights pulling the market higher.

New Zealand's sharemarket declined on Wednesday, with fleet management company Eroad falling to just 10 cents above its all-time lowest share price.

New Zealand's benchmark index had a positive bounce today as investors' concern about an impending recession receded slightly.

New Zealand's sharemarket was flat on Monday with very light volume traded through the market as US markets closed tonight for the Juneteenth holiday.

New Zealand’s benchmark index had a slightly subdued end of the week after yesterday’s US Federal Reserve’s largest interest rate increase in almost 30 years made investors take flight at the prospect of future hikes.

New Zealand shares rose slightly on Thursday as investors bought back into risk assets after the Fed, the American central bank delivered a 75 basis-point rate increase.

New Zealand shares found a steady footing on Wednesday after two days of dramatic declines and ahead of central bankers in the United States meeting to decide rate increases.

New Zealand’s benchmark equity index had its biggest single-day fall since February, when the market fell 3.3% in reaction to Russia invading Ukraine.

New Zealand’s benchmark equity index dropped sharply as hot inflation data sent investors rushing to sell shares ahead of further interest rate hikes.

New Zealand's sharemarket declined on Friday as the local trading week came to a close before the release of US inflation data, which is due to come out later on Friday night.

The Commonwealth Bank of Australia's cut to its gross domestic product (GDP) outlook prompted bank shares to slide down the index today, with the Australian reserve bank’s surprise 50-basis point hike flowing into New Zealand’s market for a second day.

Yesterday’s shock Reserve Bank of Australia’s 50 basis point hike took everyone by surprise, with a flow-on effect in New Zealand’s benchmark index today, while Fonterra’s announcement of a new share buyback programme hiked the stock.