NZ shares up as investors look for data signals

NZ shares up as investors look for data signals
Sky Network Television was up 1.8% at 17.1 cents having secured partnerships with the NRL and New Zealand Rugby League until the end of 2027. (Image: Supplied) (Image:
Dan Brunskill
NZ shares edged higher as financial markets resettled after a tumultuous week which saw a severe reaction to the mere suggestion the US central bank may tighten monetary policy.   Salt Funds portfolio manager Matt Goodson said market gyrations led from the United States had settled and many prices had returned to where they started. “Where to from here will be very data dependent,” he told BusinessDesk.In the past two days, consumer confidence on both sides of the Tasman Sea climbed above already high levels and NZ el...

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NZ sharemarket marches higher, up 6.4% this year
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NZ sharemarket marches higher, up 6.4% this year

The S&P/NZX 50 Index closed at 12,530.99, up 105.4 points or 0.85%.

Serato and AlphaTheta have abandoned deal
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Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

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Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

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SOE wanted to close NZ's only gas trading platform immediately

Transpower said the closure would make no difference; the sector disagreed.