MARKET CLOSE: NZ shares buoyed by Wall St records in 2020 open

MARKET CLOSE: NZ shares buoyed by Wall St records in 2020 open
Paul McBeth
New Zealand shares took their cue from a strong lead on Wall Street, as blue-chip stocks such as Auckland International Airport and Air New Zealand led the market higher. The S&P/NZX 50 Index increased 101.24 points, or 0.9 percent, to 11,593.14. Within the index, 27 stocks rose, 14 fell, and nine were unchanged. Turnover was $58 million in light trading, with no companies moving on volumes of more than a million shares. The yen strengthened as investors sought the relative safety of Japan’s currency, Brent crude oil prices jumped as much...

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NZ sharemarket marches higher, up 6.4% this year
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NZ sharemarket marches higher, up 6.4% this year

The S&P/NZX 50 Index closed at 12,530.99, up 105.4 points or 0.85%.

Graham Skellern 24 Jul 2024
Serato and AlphaTheta have abandoned deal
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Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
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Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
SOE wanted to close NZ's only gas trading platform immediately
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SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.

Ian Llewellyn 24 Jul 2024