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.

The S&P/NZX 50 Index closed above 10,000 for the first time in almost a month as dwindling numbers of new covid-19 cases helped buoy some of the most exposed sectors of tourism, retail and aged care.

New Zealand shares rose as Auckland International Airport resumed trading after successfully raising $1 billion in a discounted placement to shore up its balance sheet.

New Zealand shares fell as investors freed up cash to take part in the $1 billion placement of new Auckland International Airport shares. Kiwi Property Group, Contact Energy and Fisher & Paykel Healthcare were all off the pace today.

New Zealand shares rose, led by Tourism Holdings as investors welcomed news the rental RV operator would shore up its balance sheet by selling down its stake in a joint venture project rather than raising money at a steep discount.

New Zealand shares fell, led by a slump in Kathmandu Holdings after the retailer raised funds at a steep discount. Fears about the severity of the covid-19 outbreak in the US also weighed on investor sentiment.

New Zealand shares rose as investors revisited some of the hardest hit stocks as they started preparing for other side of the covid-19 crisis.

New Zealand shares rose as institutional investors increased their exposure to equities at the end of the March quarter, and as central bank support raises the prospect of a rally following the coronavirus crash. Gentrack soared after it affirmed earnings guidance.

New Zealand shares were dragged higher as a weaker kiwi dollar lifted the value of export earnings for heavyweights Fisher & Paykel Healthcare and A2 Milk Co.

New Zealand shares snapped a three-day rally in volatile trading, as investors continue to assess the fallout from the level 4 shutdown and as higher bond yields reduce the attraction of companies that typically pay a reliable dividend in ordinary times.

New Zealand shares rose for a third day as the US$2 trillion stimulus package bolsters investor confidence that governments are throwing everything at the covid-19 pandemic.

New Zealand shares rose for a second day as a strong rally on Wall Street brought out investors on the prowl for bargains.

The New Zealand share market rallied on news government is expanding its business support package and as the US Federal Reserve announced it will take extreme measures to offset the global downturn.

The share market plunged more than 7 percent today as the Prime Minister confirmed evidence of community transmission of covid-19 and announced the country had 48 hours to prepare for strict isolation.

New Zealand shares joined a rally across Asia, clawing back some of the week’s losses, despite Air New Zealand tumbling by a third after coming off a trading halt.