Aussie investors are driving our biggest stocks

A more competitive retail broking environment is a factor in Australian share trading. (Image: Getty)

Sat, 02 Apr 2022

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...

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ASB settles CCCFA class action for hefty $135.6m

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ASB pays $135.6m to settle long-running CCCFA class action

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