NZ shares edge higher as interest rates ease

Dan Brunskill
Wed, 09 Jun 2021

Dan Brunskill
Wed, 09 Jun 2021
New Zealand shares edged higher as bond yields and swap rates eased with investors appearing to brush off the risk of inflation. The S&P/NZX 50 Index rose 48.85 points, or 0.4%, to 12,566.50. Within the index, 15 stocks fell, 28 rose and seven were unchanged. Turnover was $395 million. Financial markets around the world were fairly muted ahead of an important inflation indicator being released in the United States on Thursday night.The consumer price index is expected to deliver a “monster of a result” with headline in...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets analysis
KiwiSaver: The cost of being too conservative
Andy Fyers | Wed, 23 Jun 2021

A seemingly sensible decision to hold default KiwiSaver in low-risk funds, proved to be a costly one.

Regulation shortfall as platforms hit high times
David Chaplin | Wed, 23 Jun 2021

New Zealand investors are getting very comfortable using new, 'micro-investing' platforms, making gaps in their regulation important to address.

NZ may not feel full covid economic impact for 2, 3 years
Jenny Ruth | Wed, 23 Jun 2021

Banks hadn't accounted for unprecedented government economic support when they estimated likely covid losses early into the crisis.

Partner Content
Business events are increasingly important for corporates

Working from home is great, but there's real value in face-to-face connections.

Centuria provides new opportunities for industrial property investors

Centuria Capital is embarking on its second capital raising since merging with Augusta Capital in 2020.