A2 drives share market recovery

Dan Brunskill
Tue, 02 Mar 2021

A2 Milk Company led the share market’s recovery today after rising interest rates triggered a widespread selloff during February. The S&P/NZX 50 Index rose 42.68 points, or 0.4%, to 12,344.49. Within the index, 27 stocks rose, 17 fell, and six were unchanged. Turnover was $170 million.It was the second day of gains for the benchmark index which dropped almost 10% during February as bond yields suddenly rose dramatically. Today, the yield on a 10-year government bond held around 1.7% having climbed above 2% last week. &l...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Climate change: some bans banned as energy policy evolves
Ian Llewellyn | Tue, 17 May 2022

The Emissions Reduction Plan shows the evolution in the government's thinking on energy policy.

$20m for SaaS and innovation in the Budget
Ben Moore | Tue, 17 May 2022

A first look at where the digital economy will benefit from government investment.

Charities FREE
Charities regulator more guide dog than watchdog
Oliver Lewis | Tue, 17 May 2022

Regulator opts more for education than enforcement. 

Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.

Partner content
More fuel storage needed now

Boosting fuel reserves could prevent social & economic disruption.