MARKET CLOSE: Healthcare stocks lead market higher

MARKET CLOSE: Healthcare stocks lead market higher
Dan Brunskill
The healthcare sector led a broad rally on the New Zealand share market, mirroring a similar trend in United States indices on Wednesday night. The S&P/NZX 50 Index rose 65.45 points, or 0.6 percent, to 11,812.73. Within the index, 30 stocks rose, 10 fell and 10 were unchanged. Turnover was $199.9 million.Wall Street equity indices each gained approximately 1 percent after federal government leaders indicated progress was being made on negotiations for a new pandemic relief package.The healthcare sector had the largest percentage gain...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.