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

Volatile stocks drive NZ sharemarket down nearly 0.5%
Markets Market Close

Volatile stocks drive NZ sharemarket down nearly 0.5%

The S&P/NZX 50 Index closed at 12.844.59, declining 60.45 points or 0.47%.

Lyttelton Port result improves but CEO says it's not enough
Infrastructure

Lyttelton Port result improves but CEO says it's not enough

The CEO says Lyttelton Port does not generate sufficient returns on its capital base. 

Sky CFO Ciara McGuigan resigns in surprise departure
Markets

Sky CFO Ciara McGuigan resigns in surprise departure

Embattled broadcaster Sky TV is losing its chief financial officer with immediate effect.The pay-TV operator, facing a barrage of customer anger over poor satellite reception in recent weeks, announced the resignation of Ciara McGuigan on Wednesday.Her departure, effective immedi...

Ex-contractors reveal Harvey Norman business model pressures
Retail Exclusive

Ex-contractors reveal Harvey Norman business model pressures

The promise of big money can require extreme flexibility from ‘proprietors’.