Aussie investors are driving our biggest stocks

A more competitive retail broking environment is a factor in Australian share trading. (Image: Getty)

Sat, 02 Apr 2022

It was a disappointing March quarter for the New Zealand Stock Exchange (NZX) with the benchmark NZX50 Gross Index down 7.1% and off 3.6% for the 12 months to March 31.However, we need to look at the NZX50 Capital Index, which excludes dividends, for international comparison purposes. This index was off 7.9% for the March quarter and down 6.1% for the March year.The NZX50 Capital Index underperformed the ASX200, US S&P500 and Nasdaq indexes for the March quarter and the March year. These Australian and US capital indexes had positive r...

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Markets Market close

NZ sharemarket celebrates highest single-day rise in over five months

Graham Skellern 6:15pm

Politics

Media react to Melissa Lee sacking

The sector is keen to work with new minister Paul Goldsmith amid its financial crisis.

Daniel Dunkley 5:10pm

Politics

Govt reshuffle: Lee demoted, Simmonds loses portfolio

Melissa Lee has been stripped of her media and communications portfolio and dropped from the cabinet, prime minister Christopher Luxon announced today.He has given Paul Goldsmith the portfolio after Lee was widely criticised over her public handling of the numerous issues facing...

Staff reporters 1:20pm