GoodReturns | NZ’s financial adviser news-item centre

NZ shares fall as Ebos shareholder sells down; covid jitters remain

New Zealand shares fell as a cornerstone investor of Ebos Group sold down a 9 percent stake in the healthcare products company, dominating trading today. Investors also remain concerned about the threat of a second wave of covid-19.

Tue, Jun 23rd 2020 06:38PM

NZ shares fall as fears of a second covid wave rise

4 min read

NZ shares rise; index moves push Port of Tauranga to record

3 min read

Air NZ's share price brought back to earth; Heightened pandemic fears weigh on the market

3 min read

Market posts its biggest gain since March; A2 and F&P take the lead

The New Zealand share market posted its biggest gain since March, boosted by gains by A2 Milk and Fisher & Paykel Healthcare.

3 min read

Market posts its biggest gain since March; A2 and F&P take the lead

US Fed stimulus drives global rally; Including NZ

New Zealand shares joined a global rally as the US Federal Reserve's expanded bond buying programme fed investor optimism that central banks and legislators are doing everything they can to support the world economy.

3 min read

US Fed stimulus drives global rally; Including NZ

NZ shares fall as new virus cases appear in China

New Zealand shares fell as a spate of new covid-19 cases in China spoiled investor sentiment across Asia. Casino operator SkyCity Entertainment Group led the market lower.

3 min read

NZ shares fall as new virus cases appear in China

NZ shares fall as Asia joins global sell-off

New Zealand shares fell as stock markets across Asia followed Wall Street's lead as investor optimism over the pace of the recovery was brought to a halt by pessimistic economic outlooks and a growing number of new covid-19 cases in some US states.

3 min read

NZ shares fall as Asia joins global sell-off

Cold water poured on V-shaped recovery

New Zealand shares fell after the US Federal Reserve's pessimistic economic outlook threw cold water on markets that had priced in a V-shaped recovery.

3 min read

NZ shares fall as world waits on the Fed

New Zealand shares dipped, taking a lead from Wall Street as investors began taking profit on recent gains and before the US Federal Reserve makes its first economic forecasts since the pandemic struck.

3 min read

NZ shares fall as world waits on the Fed

Strong kiwi weighs on exporters pushing sharemarket down

New Zealand shares fell as a strong kiwi dollar weighed on export heavyweights Fisher & Paykel Healthcare and A2 Milk, pushing the market lower and giving back much of yesterday’s gains.

3 min read

Strong kiwi weighs on exporters pushing sharemarket down

NZX50 back in positive territory on optimism over recovery

The S&P/NZX 50 Index is back in positive territory after strong US employment data on Friday and the announcement the further easing of local covid-19 restrictions stoked investor optimism about the pandemic recovery.

3 min read

NZX50 back in positive territory on optimism over recovery

NZ shares fall as kiwi dollar weighs on offshore earners

New Zealand shares fell as the strengthening kiwi dollar weighed on firms exposed to overseas earnings. Gentrack led the market lower.

3 min read

NZ shares fall as kiwi dollar weighs on offshore earners

Third consecutive day of gains on NZX as optimism persists

New Zealand shares rose for a third day as investors remain upbeat about the potential recovery from the pandemic disruption.

3 min read

Third consecutive day of gains on NZX as optimism persists

Investors eye covid recovery

New Zealand shares joined a global rally as investors grow increasingly optimistic about the recovery from the covid-19 outbreak.

3 min read

NZ shares soar as investors get FOMO

New Zealand shares rose as investors found confidence in the Prime Minister bringing forward a decision about the move to alert level 1. Tourism Holdings and Gentrack led the market higher with double digit gains.

3 min read

NZ shares outperform weaker global markets

New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions.

4 min read

NZ shares outperform weaker global markets

Early market rise undone by fears over US-China tensions

New Zealand shares reversed an earlier gain as Asian markets were sold off amid growing fears of a confrontation between the United States and China.

4 min read

Early market rise undone by fears over US-China tensions

NZ shares buoyed by Mainfreight's upbeat outlook

New Zealand shares were led higher by Mainfreight after the logistics group's earnings weathered the worst of the covid-19 crisis at a time when investors grow more optimistic about the global economy reopening.

3 min read