MARKET CLOSE: NZ shares snap 5-day slide; Auckland Airport hits new high

MARKET CLOSE: NZ shares snap 5-day slide; Auckland Airport hits new high
Paul McBeth
By Paul McBeth May 31 (BusinessDesk) - New Zealand shares snapped a five-day decline, as Auckland International Airport chalked up a record. Vector and Chorus were among stocks recovering from a recent sell-off over regulatory fears.  The S&P/NZX Index increased 46.01 points, or 0.5 percent, to 10,117.99. Within the index, 24 stocks rose, 21 fell, and five were unchanged. Turnover was $162.8 million.  "The market might finish up for the day. It'll be the first time this week, but there's really not a lot driving it," said Grant William...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024