New Zealand shares followed global markets higher led by the Fonterra shareholders’ fund after the cooperative announced a strategy reset that would return capital to investors.

New Zealand shares edged higher as fear of Evergrande’s collapse faded into the background and investors were happy to buy on the recent dip in prices.

New Zealand’s defensive share market was mostly immune to global jitters as a giant Chinese firm looks ready to collapse under the weight of hundreds of billions of debt.

New Zealand shares generally fell as the market retreated from Friday’s index fund sugar rush and declined with the ASX.

New Zealand shares bounced back from a losing streak as fund managers who track the S&P/NZX and FTSE Russell indices completed their quarterly portfolio rebalance.

New Zealand shares fell and bond yields were up, as investors reacted to GDP data which showed the economy grew 2.8% in the second quarter of the year.

Bank of New Zealand is the latest KiwiSaver manager to cut fees after having to stump up a lower cost fund to protect its status as a default provider.

New Zealand shares were mixed, with the benchmark equity index closing mildly lower in tandem with offshore markets.

New Zealand shares were mixed but the benchmark index closed down half a percent as its biggest stock Fisher & Paykel Healthcare continued to slide.

New Zealand shares started the week on a positive note with most stocks making gains, including those affected by the extended Auckland lockdown.

New Zealand benchmark equity index declined 1.5% this week after its third consecutive fall today, while the kiwi dollar rallied on a possible cash rate hike next month.

New Zealand shares continue to take a cue from offshore markets and consolidate after a strong month through earnings season.

New Zealand shares snapped a seven-day rally, which saw the benchmark index up 2%, as two heavyweight stocks dragged the market lower.

New Zealand shares took another step higher, led by stocks that are likely to benefit from the end of lockdown in much of the country.

New Zealand’s benchmark equity index eked out its seventh consecutive gain led by potential growth stocks Pacific Edge and Sky TV.

New Zealand shares edged higher, led by Sky TV as investors backed its bid to grow revenue even as a new survey showed online competitor Netflix dominating the NZ market.