MARKET CLOSE: NZ shares rise as global govt response calms investors

MARKET CLOSE: NZ shares rise as global govt response calms investors
Dan Brunskill
Investor panic subsided and New Zealand shares edged higher as government packages designed to blunt the economic pain from the pandemic offered some much coveted good news. The S&P/NZX 50 Index gained 20.47 points, or 0.2 percent, to 9,454.89. Within the index, 23 stocks fell, 21 rose, and six were unchanged. Turnover was $293.5 million. This week governments across the world announced fiscal stimulus to curb a recession now considered imminent. US President Donald Trump's pursuit of a US$1 trillion package, which could include US$1,000...

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NZ sharemaket up 0.1% despite 'volatile' markets
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NZ sharemaket up 0.1% despite 'volatile' markets

The S&P/NZX 50 Index closed at 12,338.57, up 18.38 points or 0.15%.

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NZX-listed companies take stock in wake of US tariff moves

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Analysts struggle to find upside from Trump tariffs
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Analysts struggle to find upside from Trump tariffs

‘They've forgotten the lessons of the Great Depression,’ one analyst said.