New Zealand shares rose as renewed fears of further pandemic lockdowns in Europe pushed the kiwi dollar lower and improved the outlook for Fisher & Paykel Healthcare.

Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress.

New Zealand’s benchmark stock index extended its losses, locking in a third consecutive weekly decline as the kiwi dollar continued to climb.

New Zealand shares fell in sync with global markets after the US Federal Reserve failed to deliver new stimulus as investors had hoped.

The New Zealand dollar was stronger as local investors were buoyed by a less pessimistic outlook for the labour market in the Treasury's pre-election forecasts.

New Zealand shares missed a regional rally as the strong kiwi dollar stymied strong offshore leads, while the NZX’s website went offline in the afternoon.

New Zealand shares edged higher with Tourism Holdings leading the market after an upgrade to its earnings helped insulate investor sentiment from a one-week extension to current covid restrictions.

New Zealand shares took another fall as investors took profits from well performing stocks after US tech stocks continued to decline on Wall Street.

New Zealand shares bounced on improved investor sentiment as share markets on Wall Street snapped out of a three-day correction.

New Zealand shares fell in broad-based selling as the tech rout on Wall Street returned after the Labor Day holiday in the United States.

New Zealand shares rose on light volume as investors took a cue from European share markets with Wall Street closed for Labor Day. Sky Network Television continued to rally ahead of its result.

New Zealand shares edged higher in quiet trading as many investors stuck to the sidelines with US markets closed for the upcoming Labor Day holiday. Sky Network Television led the market.

New Zealand's benchmark stock index had its biggest fall in almost two months after Wall Street saw a sharp correction overnight. Growth stocks with US exposure led the market lower.

New Zealand shares rose in a broad-based rally, led by entertainment companies as the pandemic appeared to be coming under control in key markets. SkyCity Entertainment Group led the market higher.

The benchmark index halted a two-day decline as upbeat economic data in key markets helped prop up investor sentiment regarding global recovery. The New Zealand dollar climbed to a 14-month high.

New Zealand shares fell for a second day as the strong kiwi dollar took the shine off star exporters A2 Milk and Fisher & Paykel Healthcare.