A2 Milk Company led the New Zealand share market higher as solid dairy demand and a reassurance of friendly trade relations with China helped lift the stock from a two-year low.

New Zealand shares were generally weaker as the covid case in Northland triggered some caution among investors who have pinned their hopes on a fast recovery from the pandemic.

The reported covid community case in Northland is giving investors plenty to chew on.

New Zealand’s largest listed company, Fisher & Paykel Healthcare, gave the share market a boost as it surged 5.5 percent after reporting a 73 percent increase in nine-month revenue.

New Zealand stocks and the dollar rallied after US President Joe Biden’s inauguration passed uneventfully and cleared the path for more fiscal stimulus in the world’s biggest economy.

Fisher & Paykel Healthcare gave the local share market a boost after Jarden analysts reiterated their ‘outperform’ rating for its ASX-listed rival ResMed.

New Zealand shares snapped a six-day decline after Chinese economic growth data beat expectations, buoying the outlook for Kiwi exporters.

New Zealand shares declined for a sixth day as investors continued to pare back the holiday rally which drove renewable energy firms to record highs.

New Zealand’s benchmark equity index fell 3.4 percent this week as highly priced renewable energy stocks came crashing back to earth and bond yields moved higher.

New Zealand's headline share index was flat today with news of an extension of operations at the Tiwai Point aluminium smelter having little impact on the already elevated share prices of Meridian Energy and Contact Energy.

Most New Zealand shares continued to decline as investors remained cautious about the global outlook after the year kicked off with a generous dose of turbulence and higher bond yields.

The NZ headline share index and the kiwi dollar fell for the third consecutive day, backing away from record highs as rising bond yields sap demand for both assets.

Most New Zealand shares tumbled today as investors took profit from electricity utilities and other stocks run up to record highs during the holiday period.

New Zealand shares rose 3 percent in the first week of trading as investors focused on economic recovery, rather than the pandemic and political unrest in the United States.

Shares in utility firm Meridian Energy leapt a further 10 percent, pushing New Zealand’s benchmark equity index higher.

Rob Everett has been chief executive of the FMA since February 2014. Originally from the United Kingdom, he was previously a director in London with Promontory Financial Group, a regulatory consultancy. Before that, he spent 17 years at Bank of America Merrill Lynch in Europe, Asia and North America. He has an MA in law from St Catharine’s College, University of Cambridge, and is married to a New Zealander.