All quiet on the sharemarket front

All quiet on the sharemarket front
There was quiet share trading after the RBNZ's shock and ahead of Easter. (Image: Getty)
Graham Skellern
After the shock of the Reserve Bank of New Zealand’s half a percent hike in the official cash rate, it was all quiet on the NZ sharemarket front with investors switching to Easter holiday mode.The S&P/NZX 50 Index had an up-and-down day, and closed at 11,870.08, ahead 3.25 points or 0.03% after reaching a high of 11,916.39 and a low of 11,833.74.The index ended the shortened week flat and is up 3.4% for the year so far. There were trading blues the day before the four-day holiday weekend, with only 18.39 million shares worth $67.87m c...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025