New Zealand's main share index fell as Ryman Healthcare’s weak half-year result took some heat out of the retirement village sector, while the soaring kiwi dollar put pressure on exporters.

The New Zealand share market dipped today as investors cashed in a number of stocks that had reached record highs in the two-week rally following the US election.

New Zealand’s benchmark equity index snapped an 11-day rally, falling from yesterday’s record close of 12,765 following negative market updates from A2 Milk, Serko and Napier Port.

New Zealand shares edged higher as a second promising vaccine caused investors to shift money into mid-size companies that have been slower to recover from the pandemic.

New Zealand shares and the kiwi dollar both gained as investors remained positive that a covid-19 vaccine could soon be available.

Fisher & Paykel Healthcare propped up an otherwise hesitant market as investors turned their attention back to the threat of the escalating global pandemic.

The New Zealand share market was flat as stock prices found a new level after a barrage of market moving news over the past 10 days.

The New Zealand dollar leapt to a 20-month high as the market reversed its bet the Reserve Bank will cut the official cash rate into negative territory.

Investors today sold recently top-performing stocks in favour of those worst affected by the covid-19 pandemic as news of an effective covid-19 vaccine prompted a massive rotation.

The kiwi dollar climbed to an 18-month high and New Zealand’s benchmark equity index closed at a new record as risk assets rallied in the wake of the US election results.

Synlait Milk led the local share market higher in the third day of a post-US election global equity rally as investors celebrated having some uncertainty behind them.

New Zealand’s main share index gained almost half a percent and the kiwi dollar lifted almost 1 US cent, as investors found enough political certainty in the US Senate result to look past the still undecided presidential race.

The New Zealand dollar reversed early gains as a path for a decisive Democratic win in the US election faded as incumbent President Donald Trump pulled ahead in Florida leaving the race too close to call.

The New Zealand share market rallied with its Australian counterpart as the Reserve Bank of Australia cut interest rates and expanded its quantitative easing program.

New Zealand shares edged lower as many investors fixated on the potential for civil unrest and a contested result following the United States presidential election on Wednesday.

New Zealand's headline share index fell today as ongoing coronavirus fears and end-of-month profit taking - notably Fisher & Paykel Healthcare - pushed the market down.