MARKET CLOSE: Sky TV leads gains for second day

MARKET CLOSE: Sky TV leads gains for second day
Dan Brunskill
New Zealand shares rose on light volume as investors took a cue from European share markets with Wall Street closed for Labor Day. Sky Network Television continued to rally ahead of its result. The S&P/NZX 50 Index increased 36.18 points, or 0.3 percent, to 11,895.63. Within the index, 30 stocks rose, 16 fell and four were unchanged. Turnover was $125.8 million. “It’s been a predictably quiet start to the week with US markets out for the Labor Day holiday and not much in the way of new news released,” Mike Jones, an ASB economist said....

More Markets

NZ sharemaket up 0.1% despite 'volatile' markets
Markets Market Close

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%.

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

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

Wine makers, manufacturers and others mull what trade wars will bring.

Analysts struggle to find upside from Trump tariffs
Economy

Analysts struggle to find upside from Trump tariffs

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