NZ market looks to be in better heart

NZ market looks to be in better heart
There was a more optimistic mood at the New Zealand Stock Exchange today. (Image: BusinessDesk)
Rebecca Howard
Investors stuck to the sidelines on Friday but look to be in better heart ahead of earnings season, with volumes showing some signs of life and the S&P/NZX 50 index adding 2% over the week.“Activity-wise, we have seen a bit of a turnaround in sentiment over the last week, with bonds coming off their highs and markets all positive overseas,” said Bryon Burke, head of equities at Craigs Investment Partners.“There’s quite a different feel to the market at the moment, and people have a little bit more confidence,”...

More Markets

NZ sharemarket lifts into positive territory for the year
Markets Market close

NZ sharemarket lifts into positive territory for the year

The S&P/NZX 50 Index closed at 11,496.61, up 33.12 points or 0.29%.

Air NZ’s 'small but mighty' step towards green aviation
Markets

Air NZ’s 'small but mighty' step towards green aviation

The carrier has bought an all-electric aircraft from Beta Tech, to be delivered in 2026.

Xero, Tourism Holdings, NZME among Deloitte Top 200 winners
Markets

Xero, Tourism Holdings, NZME among Deloitte Top 200 winners

The prestigious Deloitte Top 200 Awards winners were revealed on Wednesday evening.

ComCom: Is it time to deregulate fibre broadband?
Markets

ComCom: Is it time to deregulate fibre broadband?

The review is the first under a new regulatory regime.