MARKET OPEN: Lockdown weighs on NZ dollar, sentiment

MARKET OPEN:  Lockdown weighs on NZ dollar, sentiment
Rebecca Howard
The New Zealand dollar is weaker and domestic traders will be jittery after new NZ lockdown restrictions were imposed after four cases of covid-19 were detected outside of quarantine.  Prime Minister Jacinda Ardern and Director-General of Health Ashley Bloomfield said last night that four new cases of the coronavirus were found in a South Auckland family and that no link to travel had been established. Ardern said the country will take a precautionary approach, imposing level 3 restrictions in Auckland, and level 2 in the rest of the coun...

More Markets

Kiwi Property turns to Aussie partner to kickstart Resido returns
Property

Kiwi Property turns to Aussie partner to kickstart Resido returns

Deal reflects a pivot into 'hotel' style accommodation at up to $1,147 per night.

Costs, prices and the elephant in the room
Markets

Costs, prices and the elephant in the room

The major generators had healthy results but the future is cloudy.

Market watchdog puts Fletcher result under microscope
Markets

Market watchdog puts Fletcher result under microscope

Listed firms sitting on material information a theme of NZ RegCo oversight report.

NZ sharemarket 'lacklustre' as earning seasons closes out
Markets Market close

NZ sharemarket 'lacklustre' as earning seasons closes out

The S&P/NZX 50 Index closed at 11,741.47, down 21.85 points or 0.19%

Gregor Thompson 29 Feb 2024