Aussie investors are driving our biggest stocks

Aussie investors are driving our biggest stocks
A more competitive retail broking environment is a factor in Australian share trading. (Image: Getty)
Brian Gaynor
It was a disappointing March quarter for the New Zealand Stock Exchange (NZX) with the benchmark NZX50 Gross Index down 7.1% and off 3.6% for the 12 months to March 31.However, we need to look at the NZX50 Capital Index, which excludes dividends, for international comparison purposes. This index was off 7.9% for the March quarter and down 6.1% for the March year.The NZX50 Capital Index underperformed the ASX200, US S&P500 and Nasdaq indexes for the March quarter and the March year. These Australian and US capital indexes had positive r...

More Markets

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Analysts upbeat about Tower's latest guidance
Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year. 

NZ sharemarket continues decline
Markets Market close

NZ sharemarket continues decline

The S&P/NZX 50 Index closed at 11,836.04, down 39.31 points or 0.33%.

Graham Skellern 18 Apr 2024