A2 Milk's shares dropped after reports of a second class action took the wind out of the firm’s sails in a largely flat market.

A2 Milk led the local stock market higher as it extended its gain so far this month to 19.4% as investors' confidence in China’s informal daigou market recovers.

Solid outlooks from Fletcher Building and Ebos Group at their respective annual meetings helped steady New Zealand’s stock market after yesterday’s unexpectedly strong inflation data had traders pricing in more aggressive interest rate hikes.

The New Zealand dollar climbed about half a US cent after inflation data ratcheted up pressure on the Reserve Bank of NZ (RBNZ) to raise interest rates more aggressively.

New Zealand's main share index fell as more stocks were added to a clean energy index prompting offshore passive funds to sell millions of shares in Contact and Meridian.

A2 Milk led the New Zealand share market higher for a second day after a positive earnings report from a competitor scared short sellers into closing their positions.

Shares in a2 Milk jumped 12% after a competitor reported massive improvement to its sales through the daigou channel, sparking hope that a2 could report the same thing.

New Zealand's headline share index fell for a fifth consecutive day as bond yields marched higher and electronic card spending was weaker than expected last month.

Shares in fuel retailer Z Energy jumped almost 7% on an improved takeover bid, while the rest of the market declined on data which suggests endemic covid is slowing US jobs recovery.

The government and the Financial Markets Authority (FMA) want lower KiwiSaver fees but some of the best after-fees returns are being delivered by managers that charge well above the average.

New Zealand's main share index fell slightly as investors sold interest-rate sensitive stocks and bought economically sensitive stocks. Meanwhile, BNZ abandoned predictions the NZ dollar would climb.

New Zealand's headline share index declined for the third consecutive session as higher interest rates and negative market sentiment continue to weigh on equity valuations.

Equity assets and the kiwi dollar slumped as the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate for the first time in seven years.

New Zealand's main share index tumbled on Tuesday, following global tech stocks lower ahead of the Reserve Bank of New Zealand’s interest rate decision on Wednesday afternoon.

New Zealand's main share index finished the week almost unchanged with investors still looking down the barrel of a long list of risks.

New Zealand's main share index broke a three-day decline after US markets had modest gains overnight and as software company Gentrack jumped 20%.