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.

Energy utilities helped edge the New Zealand sharemarket lower as market interest rates climb and devalue dividend-focused stocks.

New Zealand shares generally rose Monday as they bounced back from a 1.3% fall last week led by Pushpay and A2 Milk.

Pushpay Holdings led the New Zealand share market lower as it took another sharp dive to its lowest price since May last year.

New Zealand's main share index was unchanged on Thursday as local bond yields hit new highs after US inflation data reached a 30-year high and sent market interest rates soaring.

New Zealand's headline share index fell on Wednesday as Pushpay Holdings tumbled 13% after it gave a soft half-year earnings report and a poorly received analyst call.

New Zealand's benchmark share index climbed as the stocks that drove a decline yesterday bounced back as investors jostled for position ahead of earnings updates this month.

New Zealand shares were mixed on Monday with more stocks climbing than falling, however, declines from some of the largest listed companies dragged the benchmark index lower.

New Zealand shares rose with overseas markets after both the US Federal Reserve and the Bank of England held interest rates low.