MARKET CLOSE: NZ shares outperform weaker global markets

Dan Brunskill
Fri, 29 May 2020

New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions. The S&P/NZX 50 Index rose 25.72 points, or 0.2 percent, to 10,882.41, taking the monthly gain to 3.3 percent. Within the index, 25 stocks rose, 22 fell, and three remained unchanged. Turnover was $867.9 million with volumes boosted by the monthly reweighting of the MSCI Equity Indices. Fletcher Building, up 2 percent at $3.51, saw 82.7 million shares traded. Stocks on Wall Street were w...
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Markets
MARKET CLOSE: NZ shares rise with continual central bank support
Dan Brunskill | Tue, 07 Jul 2020

New Zealand shares rose for a fourth day as investors bet that further central bank stimulus and ongoing low interest rates will continue to support equities. The S&P/NZX 50 Index gained 87.52 poin...

Markets
NZ dollar treads water as covid-19 cases spike in Melbourne
Jenny Ruth | Tue, 07 Jul 2020

The New Zealand dollar was little changed after volatile trading driven by swings in China's share market but could follow its Australian counterpart lower if the state of Victoria imposes a return to...

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