Bitcoin dips below NZ$148,000 briefly in crypto rout
Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon, tracking with a broader market sell-off in…
NZ stocks end firmly as outlook brightens – Market close
The Reserve Bank this week cut its Official Cash Rate to 2.25% and forecast GDP growth of 2.8%…
Ryman and Tower lift but gentailers pull NZ sharemarket lower – Market close
“The flurry of investor days has probably left the question with investors: ‘It’s great you’ve got all of…
Fisher & Paykel Healthcare drives NZ sharemarket up – Market close
“It’s given back a bit of ground, and that ground that we have given back has been post…
NZ sharemarket finishes flat, down 0.1% – Market close
“There was some flow-through buying in the rebalancing of the MSCI indices. Not all of it was done…
NZ sharemarket starts week up 0.6% – Market close
A larger reduction? Greg Smith, investment specialist at Generate, said there was a positive sentiment for global markets…
Nvidia slump drags Wall Street and NZ sharemarket lower – Market close
Matt Goodson, managing director at Salt Funds, said the market was weaker but was faring better than many…
Nvidia earnings boost global markets as NZ sharemarket closes up – Market close
Hamilton Hindin Greene investment adviser Jeremy Sullivan said markets were having a positive day largely across the board,…
NZ sharemarket dips as big stocks weigh despite KMD Brands gain – Market close
“There’s been some positive releases today in New Zealand and the general flavour is glimpses or even maybe…
NZ sharemarket falls over 1% – Market close
The earnings and outlook will set the tone for both technology stocks and market direction. Nvidia, the giant…
Late surge lifts NZ market to start new week with small rise – Market close
Goodson said food and administration prices and local authority rates were still strong but rental inflation was pulling…
NZ stocks take US lead to end weaker – Market close
Craigs Investment Partners investment director Mark Lister said the local market had taken its lead from Wall Street…