Stock investors wait on monetary policy decisions

Stock investors wait on monetary policy decisions
The sharemarket dipped as investors wait on the judgment of the Reserve Bank. (Image: Getty)
Graham Skellern
The New Zealand sharemarket dipped nearly half a percent on the eve of the Reserve Bank of NZ’s latest interest rates move, and Infratil continues to set the pace among individual stocks.The S&P/NZX 50 Index had a soft afternoon and fell 48.8 points or 0.41% to 11,944.2 as it waited for the Reserve Bank monetary policy statement, with an expected 25 basis points increase in the Official Cash Rate to 5.5%.There were 69 gainers and 58 decliners over the whole market on volume of 26.63 million shares worth $119.84m.Jeremy Sullivan, inves...

More Markets

Bathurst and Talley: The marriage goes sour
Markets Part 2

Bathurst and Talley: The marriage goes sour

Talley’s joint venture with Bathurst started well, but something derailed it.

Fonterra bright spot as NZX 50 lifts 0.2%
Markets Market Close

Fonterra bright spot as NZX 50 lifts 0.2%

Infratil is quickly approaching the $12 mark for the first time since January.

Gregor Thompson 29 Jul 2025
Cannasouth heading for liquidation, receiver says
Primary Sector

Cannasouth heading for liquidation, receiver says

General security agreement holders are owed over $2.53m.

Gregor Thompson 29 Jul 2025
Forsyth Barr says Mercury Capital eyeing up 25-30% stake
Markets

Forsyth Barr says Mercury Capital eyeing up 25-30% stake

The offer is subject to shareholder approval and other condition.

Rebecca Howard 29 Jul 2025