NZ shares bounce from sell-off

Dan Brunskill
Mon, 31 Jan 2022

New Zealand's sharemarket had a slight bounce on Monday having fallen almost 10% in the first month of 2022 as inflation spooked global marketsThe S&P/NZX 50 Index rose 37 points, or 0.3%, to 11,889.40. Turnover was $127 million with a third of the country away for Auckland anniversary weekend.While it was not as strong as in US markets on the weekend, NZ shares did bounce from a 15-month low today.A strong rally in the last hour of trading saw the US S&P 500 index close 2.4% higher and actually finishing up 0.8% for the week.Vista...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Money Answers: how much mortgage can I actually afford?
Frances Cook | Sat, 25 Jun 2022

This week, readers ask how they should decide as a family what they can afford in terms of buying a house – and just because you can, should you?

The eyes have it
The Economist | Sat, 25 Jun 2022

Short-sightedness used to be rare. Now it's growing across the globe. Tim Cross, The Economist's technology editor, investigates its rapid rise.

On the Money
On the Money: Don Braid, Fletcher, Steve Newman and more
Victoria Young | Sat, 25 Jun 2022

OTM this week: A bit of matchy-matchy for Don Braid, the reopening of Parliament's lawns, Eroad, Fletcher and more. 

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.