New Zealand shares snapped an 11-day streak of gains as investors took some risk off the table due to fading hopes for fiscal stimulus in the United States and growing covid-19 infections in Europe.

Global logistics firm Mainfreight led New Zealand shares higher as the index chalked up its eleventh straight day of gains.

New Zealand shares rose for a tenth consecutive session as low interest rates and hopes for fiscal stimulus lure investors into the stock market. Financial stocks led the gains.

New Zealand shares rose, led by Contact Energy as its possible inclusion in the MSCI Index continues to drive investors to buy the stock amid strong global risk sentiment.

New Zealand shares finished the week at an all-time high, led upwards by property and retirement stocks as central bank stimulus adds heat to the housing market.

New Zealand’s benchmark share index surged to a record as global risk appetite came flooding back on the hope of fiscal stimulus before the US election.

The New Zealand dollar fell almost 1 US cent after President Donald Trump threw cold water on the prospect of passing fiscal stimulus before the election, causing risk assets to fall.

The Financial Markets Authority has told hundreds of thousands of new Kiwi investors they need to “do their homework” and understand the risks of investing in financial markets.

Travel stocks led the New Zealand share market higher as Air New Zealand continued to rally on Australia's borders opening and Serko's oversubscribed capital raising interested investors.

New Zealand shares tracked their Australian counterparts higher as the ASX rallied on a billion-dollar apprenticeship wage subsidy and the news US president Donald Trump was reportedly recovering quickly from a covid-19 infection.

The Ministry of Business, Innovation & Employment has outlined new criteria for KiwiSaver default fund providers as it seeks bidders in a request for proposals released today.

New Zealand shares edged higher as Air New Zealand took off on Australian plans to open its border for quarantine-free travel from New Zealand.

The healthcare sector led a broad rally on the New Zealand share market, mirroring a similar trend in United States indices on Wednesday night

Shares were virtually flat today with a rally in the property sector offset by A2 Milk Company falling for a third consecutive session.

New Zealand shares fell with A2 Milk leading the market down as investors speculated further earnings downgrades may be on the horizon.