New Zealand shares climbed in a broad rally on high trading volumes as investors rebalanced portfolios on the last trading day of October.

New Zealand shares were generally lower Thursday as market interest rates climbed to new highs after surprisingly strong inflation data in Australia increased the odds of interest rate hikes.

A2 Milk led the New Zealand sharemarket lower as investors sold shares after a disappointing investor day revealed the infant formula exporter would likely have low profit margins for the foreseeable future.

New Zealand's headline share index dipped after Fonterra announced it would likely pay the highest farmgate milk price in the history of the cooperative, pushing up production costs for dairy processors.

The local stock market limped into the three-day weekend as investors try to decipher what the 90% vaccination target means for the wider economy.

AMP Wealth Management in New Zealand continues to bleed funds outflows but it is also attracting sizeable cash inflows, despite continuing to languish in investment performance tables.

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.