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NZX 50 posts biggest weekly gain in four years on rate cut optimism
The Markets

NZX 50 posts biggest weekly gain in four years on rate cut optimism

New Zealand’s benchmark stock index rose the most in a week since the post-covid rebound as investors embraced the prospect of lower interest rates, reviving a stagnant economy and boosting the allure of companies that pay reliable dividends.

BusinessDesk
Fri, Aug 16th 2024 06:12PM

Skellerup rallies on robust earnings as NZ market revels on lower rates

Skellerup rallies on robust earnings as NZ market revels on lower rates

4 min read
NZX 50 surges as RBNZ takes handbrake off economy

NZX 50 surges as RBNZ takes handbrake off economy

4 min read
Gas supply buoys Contact, Genesis as markets await RBNZ

Gas supply buoys Contact, Genesis as markets await RBNZ

4 min read
Sharemarket creep higher as rate review, earnings come into focus

Sharemarket creep higher as rate review, earnings come into focus

3 min read
NZ market falls 1.7% this week as it stutters into earnings season

NZ market falls 1.7% this week as it stutters into earnings season

4 min read
Power price squeeze saps energy companies as Manawa tumbles

Power price squeeze saps energy companies as Manawa tumbles

4 min read
Vista leads market higher as broker support swells

Vista leads market higher as broker support swells

3 min read
NZ shares left behind as Asian markets rally after Nikkei rout

NZ shares left behind as Asian markets rally after Nikkei rout

4 min read
NZ shares join global rout as fears of US recession grow

NZ shares join global rout as fears of US recession grow

4 min read
Local shares hold up despite overseas slowdown worries

Local shares hold up despite overseas slowdown worries

4 min read
NZ sharemarket continues to rise

NZ sharemarket continues to rise

4 min read
NZ sharemarket edges up on end of month trading

NZ sharemarket edges up on end of month trading

3 min read
NZX up more than 0.5% as weak dollar boosts some stocks

NZX up more than 0.5% as weak dollar boosts some stocks

4 min read
NZ sharemarket down 0.29%

NZ sharemarket down 0.29%

4 min read
NZ sharemarket closes week down 0.38%

NZ sharemarket closes week down 0.38%

4 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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