Travel stocks rallied after the Australian government announced a billion-dollar support package for airlines and signalled international travel would resume in October.

Most New Zealand shares rose as bond yields fell from an 18-month high giving equity markets some more room to run.

Generate and Caresaver KiwiSaver are backing a community housing initiative seeking to raise $100 million in funding for as many as 300 low-cost houses, much of it to be built on unused urban church land.

New Zealand's benchmark share index rose after US lawmakers approved nearly two trillion US dollars of fiscal stimulus to try and shore up the world’s biggest economy as vaccines begin to mute the pandemic.

New Zealand’s benchmark equity index fell to its lowest level this year as two of its largest stocks, Fisher & Paykel Healthcare and Meridian Energy, dropped significantly.

The much-anticipated My Food Bag listing disappointed investors as it finished the day almost 6% below the IPO offer price, amid wider market weakness.

New Zealand shares took a dive as milk processor Synlait pulled its earnings guidance and interest rates moved higher.

New Zealand's main share index was flat and the kiwi dollar edged higher after milk powder prices hit record highs overnight.

A2 Milk Company led the share market’s recovery today after rising interest rates triggered a widespread selloff during February.

New Zealand investors started the week on a generally positive note as earnings season wound to a close and Vista Group International reported a strong cash position despite the pandemic.

Many New Zealand shares bounced back from a six-day slump as investors began to see bargains in the depressed prices with the benchmark equity index down more than 7% this year.

NZ's main share index dropped to a four-month low as A2 Milk plunged another 15% after lowering its full-year earnings guidance for the third time.

The Reserve Bank of New Zealand’s promise to keep monetary policy ultra-loose fell on deaf ears in the market as bond yields continued to rise, pushing shares lower and the kiwi dollar upwards.

New Zealand's main share index fell as a handful of discouraging trading updates from listed companies dovetailed with higher bond yields to depress equity prices.
Fishery firm Sanford led the market lower after being fined in court for illegal fishing practices.

Rising bond yields and the strong kiwi dollar continued to drag equity valuations down despite fairly upbeat earnings results from Freightways and Heartland Bank.

New Zealand shares joined the general fall in global markets as investors priced in rising bond yields, that have been climbing on inflation expectations.