MARKET CLOSE: NZ shares edge higher as Chinese virus fears weigh

MARKET CLOSE: NZ shares edge higher as Chinese virus fears weigh
Dan Brunskill
New Zealand shares edged higher as investors continue to assess the impact of the coronavirus outbreak in China. The S&P/NZX 50 Index increased 11.43 points, or 0.1 percent, to 11,901.11. Within the index, 24 stocks rose, 16 fell, and 10 held steady. Turnover was $139 million. Equity markets across Asia were mixed as investors await a decision from the World Health Organisation on whether the outbreak will be deemed an emergency. Australia’s S&P/ASX 200 Index was down 0.7 percent in afternoon trading. Grant Williamson, director of Hami...

More Markets

Delegat provides a bubbly end to NZ reporting season
Markets Market Close

Delegat provides a bubbly end to NZ reporting season

Delegat Group rallied 39c to $4.05 despite a 14% profit decline.

Jamie Gray 29 Aug 2025
Harvey Norman reports 'notable turnaround' in NZ
Retail

Harvey Norman reports 'notable turnaround' in NZ

Sales in NZ rose 1.6% to $1.05 billion.

Staff reporters 29 Aug 2025
Years of turbulence ahead for Air NZ: Analysts
Markets

Years of turbulence ahead for Air NZ: Analysts

One brokerage has downgraded the airline’s stock to “sell”.

John Anthony 29 Aug 2025
Port of Tauranga seeks support for fast-track tweak
Policy

Port of Tauranga seeks support for fast-track tweak

Fast-track saga overshadows Port of Tauranga 23% profit rise.

Garth Bray 29 Aug 2025