NZX 50 gains as bond yields fall and housing market weakens
The US 10 Year Treasury Note yield has also fallen below 5.3% to 5.206%. The REINZ House Price…
Fisher & Paykel drives NZX higher despite other markets falling – Market close
Mark Lister, investment director with Craigs Investment Partners, said the December quarter has typically been the strongest for…
Lodestone Energy NZX listing set for October 22 at $2.25 a share
The IPO opens on September 29 and closes on October 14. The last major listing of any size…
Weak NZ dollar continues to drive gains on NZX – Market close
Lister said the kiwi was the big story. On the trade-weighted index, the dollar was at its lowest…
NZX suspends Winton Land shares after board resignations leave one independent director
“This means WIN no longer meets the NZX Listing Rules governance requirements relating to board and audit committee…
NZX hits record close as Fisher and Paykel Healthcare shares at all-time high – Market close
There were 80 gainers and 60 decliners on the main board with 29.4 million shares worth $118.4 million…
Heavy tumbles for some shares as NZX slides – Market close
“It doesn’t have to be a massive portfolio for investment funds to flow from New Zealand, and the…
Fisher & Paykel downgrade drags NZX 50 lower as Pacific Edge jumps – Market close
This followed other downgrades by Jarden and Sydney-based Barrenjoey in the past week. Shane Solly, portfolio manager with…
NZX market edges lower as inflation fears grow and banks slide – Market close
In New Zealand, the Reserve Bank Survey of Expectations showed one-year-ahead Consumers Price Index inflation would increase from…
Iran war costs hit a2 Milk, Air New Zealand, Ryman, Fletcher Building – Stock Takes
“These issues are expected to resolve by financial year 2027, so we view the downgrade as largely one-off,”…
NZX 50 rises as Wall Street rally and Middle East ceasefire hopes lift stocks – Market close
Mark Lister, investment director with Craigs Investment Partners, said the rally was back on, with hopes the ceasefire…
NZX 50 jumps 1.3% despite Middle East tensions – Market close
Matt Goodson, managing director of Salt Funds Management, said it was “a surprising reaction by our market given…