New Zealand shares rose as a strong rally in Australia helped overcome the subdued tone set over the weekend, and as investors were heartened by news that no new local covid-19 infections had been reported in the past 24 hours.

New Zealand shares started May in a downbeat way as investors toned down the enthusiasm that drove the benchmark index's biggest monthly gain in four years.

New Zealand shares fell on the last day of the month as investors continued to bank profits from outperforming stocks and as large fund managers tweaked their portfolios in preparation for May.

New Zealand shares fell as investors cashed in on yesterday's strong rally and sold down property stocks to take advantage of Investore Property's discounted $100 million capital raising.

New Zealand shares rose in the first day of looser lockdown restrictions with investors optimistic that low infection rates could see the economy opened up further.

New Zealand shares edged lower as investors paused to take stock as they wait to see how conditions develop under alert level 3. Air New Zealand led the market lower.

New Zealand shares snapped a three-day decline as global oil prices stabilised and upbeat investment sentiment on Wall Street flowed through to the local market. Refining NZ bounced back from yesterday's sharp drop.

New Zealand shares fell for a third day after a fresh drop in global oil prices heightened concerns about the outlook for the global economy. Refining NZ, which operates the Marsden Point oil refinery, led the market lower.

New Zealand shares joined a global selloff as a slump in US oil futures prices sapped investor sentiment that had been on the mend due to optimism over the slowing pace of covid-19 pandemic.

New Zealand shares snapped a five-day rally as investors digested the impact of government plans to loosen the national lockdown next week.

New Zealand shares finished an already strong week with an extra surge as investors anticipated the end of strict lockdowns locally and in the United States. Tourism Holdings and SkyCity Entertainment Group notched up double-digit gains.

Australian fund manager IOOF is leaving New Zealand after agreeing to sell its Kiwi client rights to local firm, Britannia Financial Services for an undisclosed sum.

New Zealand shares rose for a third day as investors hoping to join the recent rally continued to buy into stocks impacted by the pandemic. Air New Zealand led the market higher.

New Zealand shares rose as investors recovered confidence in the long-term prospects of heavily sold stocks amid signs the covid–19 pandemic may be beginning to ease. Vista Group International, Air New Zealand and Kathmandu Holdings all notched up double-digit gains.

New Zealand shares closed at their highest level in more than a month as investors were buoyed by the prospect of the lockdown coming to an end, with some of the hardest-hit stocks such as Vista Group International and Air New Zealand leading the market higher.

New Zealand shares fell as investors cashed in strong-performing stocks, including Fisher & Paykel Healthcare and A2 Milk, to pursue value in beaten up stocks which may be set for recovery.