MARKET OPEN: Sideways moves as markets await covid-19 announcement

MARKET OPEN: Sideways moves as markets await covid-19 announcement
Rebecca Howard
Markets will trade sideways as investors wait to see if the government eases the current covid-19 restrictions. Prime Minister Jacinda Ardern is due to make an announcement today about whether restrictions will be lifted in Auckland and the rest of the country from 11:59pm on Wednesday. The entire country is currently at level 2, with additional restrictions in Auckland. Several thousand people rallied in Auckland's Aotea Square on Saturday in a protest against the government's use of covid-19 restrictions, according to Radio New Zealand....

More Markets

Fisher & Paykel Healthcare drives sharemarket up
Markets Market Close

Fisher & Paykel Healthcare drives sharemarket up

The S&P/NZX 50 Index closed up 0.61% or 81.576 points to 13,562.01.

Rakon stock-price climbs ahead of result
Markets

Rakon stock-price climbs ahead of result

Rakon shares rose almost 9% on Wednesday but spiked even higher during the day.

Fisher Funds backs Summerset in rejecting covenant waiver claims
Markets

Fisher Funds backs Summerset in rejecting covenant waiver claims

Summerset is compliant with all lending covenants and obligations.

Critical minerals miner plans 2026 NZX listing
Primary Sector

Critical minerals miner plans 2026 NZX listing

The company plans to raise $20m from retail investors in mid-2026.