New Zealand shares edged higher led by the Fonterra Shareholders’ fund after the cooperative gave an update showing strong growth in both production and exports.

New Zealand’s benchmark equity index gained a few points as Stride Property climbed and tourism stocks recovered on a partial reopening of the trans-Tasman bubble.

Travel stocks led the New Zealand stock market lower after the trans-Tasman bubble was paused due to a worsening covid outbreak in Australia that could lead to extended lockdowns.

The New Zealand dollar and local stock market bounced back from last week’s losses as investors’ fears interest rates might be on the rise were soothed by calming words from the Federal Reserve.

New Zealand shares moved sideways with a trading update from Tourism Holdings and Oceania Healthcare’s annual general meeting giving investors something to trade on.

NZ shares edged higher as financial markets resettled after a tumultuous week which saw a severe reaction to the mere suggestion the US central bank may tighten monetary policy.

The New Zealand share market and dollar both posted modest gains as investors came to terms with the possibility US central bankers may begin to tighten monetary policy.

New Zealand shares declined as A2 Milk and Pushpay gave back much of the gains they won when the S&P and FTSE Russell indices were rebalanced on Friday.

The New Zealand dollar dropped to a three-month low, while the NZ share market finished the day marginally higher as A2 Milk surged.

The New Zealand dollar and share market fell after the United States Federal Reserve signalled it expects rate hikes in 2023 as economies improve and inflation builds.

New Zealand shares declined as investors waited for the US Federal Reserve to wrap up policy meetings overnight and give a press conference Thursday morning (NZ time).

Fisher & Paykel Healthcare shares surged as a competitor recalled millions of breathing devices and ventilators due to safety concerns.

New Zealand shares were little changed in a quiet trading session while Australian investors were off work on a long weekend.

New Zealand shares and dollar moved higher as investors were unfazed by annual inflation in the United States hitting 5% in a data release overnight.

Consultation opens today on how new builds will be exempted from investment property tax changes, in rules to be in place by October 2021.

New Zealand’s benchmark index slid almost 50 points with investors focused on macro-economic conditions and the risk of runaway inflation.