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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

4 min read

NZX 50 surges as RBNZ takes handbrake off economy

4 min read

Gas supply buoys Contact, Genesis as markets await RBNZ

4 min read

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

4 min read

Power price squeeze saps energy companies as Manawa tumbles

4 min read

Vista leads market higher as broker support swells

3 min read

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

4 min read

Local shares hold up despite overseas slowdown worries

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NZ sharemarket continues to rise

4 min read

NZ sharemarket edges up on end of month trading

3 min read

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

4 min read

NZ sharemarket down 0.29%

4 min read

NZ sharemarket closes week down 0.38%

4 min read

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