MARKET OPEN: Investors continue to focus on the positive

MARKET OPEN: Investors continue to focus on the positive
Rebecca Howard
The local share market may get a lift after strong retail sales in the US and positive trial results from a covid-19 treatment boosted risk appetite there. Data released by the Commerce Department showed retail sales jumped by a record 17.7 percent in May, higher than the 8 percent tipped by analysts. Trial results showed dexamethasone reduced death rates by about one-third among the most severely ill covid-19 patients, according to Reuters. The Dow Jones Industrial Average was up 2 percent at 8am in Wellington, the Nasdaq had lifted 1.8...

More Markets

Bulls, bears and analysis …
Opinion

Simon Robertson: Bulls, bears and analysis …

Why price-to-earnings ratios don’t cut it.

Simon Robertson 15 Nov 2025
NZ stocks take Wall Street lead to end down 1%
Markets Market Close

NZ stocks take Wall Street lead to end down 1%

The S&P/NZX 50 Index closed down 133.41 points or 0.98% at 13,464.46.

Jamie Gray 14 Nov 2025
Zoono says it knows no reason for share price surge, halt lifted
Markets

Zoono says it knows no reason for share price surge, halt lifted

A trading halt granted by the ASX to Australian-listed New Zealand antimicrobials manufacturer Zoono on Wednesday after a price query has been lifted after the company said it knew of no reason for its share price soaring.Its share price rose from 0.09c to 0.18c on volumes much h...

Denise McNabb 14 Nov 2025