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NZ shares climb while covid variant still looms large

Dan Brunskill
Wed, 21 Jul 2021

Dan Brunskill
Wed, 21 Jul 2021
New Zealand shares followed offshore markets higher as equities bounced back from a small correction yesterday.The S&P/NZX 50 Index gained 58.30 points, or 0.5%, to 12,709.14. Turnover was $194 million.US sharemarkets recovered their losses overnight despite there being little news or change in conditions. NZ’s defensive market, which managed to dodge the fall yesterday, joined the rally today to climb half a percent. However, BNZ rate strategist Jason Wong warned that geopolitical tensions with China and the continued spread of...

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Law & Regulation
David Henry firm moves into liquidation owing $400k
Brent Melville | Sat, 31 Jul 2021

Kinleith Land and Infrastructure moves into liquidation owing at least $400,000, liquidator looks to sell solar farm.

On the Money
On the Money: Chris Dunphy, Peter Wells' potential $250m payday, Banksy, Bridges, and more
Rebecca Stevenson | Sat, 31 Jul 2021

Which minister thought he was at a rave, who's cashing in on another potential IPO on the ASX, why wasn't anyone buying Banksy? And more.

Opinion FREE
Why it's hard to open a supermarket in NZ
Eric Crampton | Fri, 30 Jul 2021

Supermarkets' high profits should motivate a new competitor, if they're real. If the profits are there, what's stopping them?

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Carbon neutral trends emerging in engineering, procurement and construction across the globe indicate what we can expect in New Zealand over the next thirty years.

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