New Zealand shares edged higher as retirement stocks Summerset Group and Metlifecare continued to recover from a sharp selloff. Air New Zealand and Tourism Holdings fell in the wake of weaker tourism numbers.

New Zealand shares snapped a six-day decline, with retirement stocks clawing back some of their recent losses since Summerset Group's observation that a slowing property market had dented unit sales.

New Zealand shares fell as the attraction of yield stocks lost their lustre now most have shed rights to dividends. Retirement village operators such as Metlifecare and Ryman Healthcare extended their decline.

New Zealand shares fell for a fifth session as retirement village operators Summerset Group and Metlifecare suffered amid fears a slowing property market will dent their fortunes.

New Zealand shares fell for a fourth day as the threat of a slowing property market was seen weighing on retirement sector stocks such as Summerset Group and Metlifecare.

New Zealand shares fell, led lower by Summerset Group, after the retirement village operator and developer cited a slowing property market in reporting weak sales. Rivals Ryman Healthcare and Metlifecare suffered accordingly.

New Zealand shares fell for a second day as investors pared back their exposure to the equity market after the threat of lower interest rates spurred on demand for companies paying reliable dividends. Defensive stocks including Contact Energy, Mercury NZ and Infratil fell.

New Zealand shares slipped from a record, with Spark New Zealand falling after managing director Simon Moutter signalled his exit from the country's biggest telecommunications company.

New Zealand shares extended their rally for a sixth day as growing expectations for an interest rate cut stokes broad-based demand for equities. Plexure Group soared after McDonald's invested in the tech minnow.

New Zealand shares continued their march higher, joining a rally across Asia as better than expected Chinese manufacturing data lifted investor confidence. Tourism Holdings led the market higher

The S&P/NZX 50 Index climbed almost 12 percent to end the March quarter at a record, as a late tailwind from the Reserve Bank's bias towards lower rates spurred demand for companies with reliable dividends such as Meridian Energy and Genesis Energy.

New Zealand shares extended their rally as the prospect of low interest rates maintained the appeal of companies with reliable dividends, such as Genesis Energy and Trustpower. Air New Zealand rose on plans to cut costs.

New Zealand shares got an unexpected boost after the Reserve Bank's warning that it may cut interest rates stoked demand for companies with stable dividends. Utilities Meridian Energy and Mercury NZ hit records.

New Zealand shares shrugged off the weak leads from Wall Street overnight as the defensive qualities of companies offering stable dividends found favour with investors. Genesis Energy was among those beneficiaries, hitting a record today.

New Zealand shares joined a global decline as investors sold off equities when long-term US interest rates fell below shorter-dated debt, a technical signal that may indicate an approaching recession. Stocks trading near records, such as Meridian Energy and Contact Energy, fell.

New Zealand shares rose to a record as the prospect of low interest rates for even longer stoked demand for companies offering regular income such as Meridian Energy and Mercury NZ. Synlait Milk extended its recovery from a weak first-half result earlier this week.