Kiwi dips below 70 US cents; A2 Milk jumps
By Dan Brunskill | Fri, 18 Jun 2021
The New Zealand dollar dropped to a three-month low, while the NZ share market finished the day marginally higher as A2 Milk surged. The S&P/NZX 50 Index rose 10.73 points, or 0.1%, to 12,551...
Kiwi dollar tumbles as US Fed pencils in rate hikes
By Dan Brunskill | Thu, 17 Jun 2021
The New Zealand dollar and share market fell after the United States Federal Reserve signalled it expects rate hikes in 2023 as economies improve and inflation builds. While investors had been ex...
NZ shares tread water while Aussies on holiday
By Dan Brunskill | Mon, 14 Jun 2021
New Zealand shares were little changed in a quiet trading session while Australian investors were off work on a long weekend.Heartland Group led the market higher with the S&P/NZX 50 Index rising...
Shares rise as markets ignore ‘shocking’ inflation
By Dan Brunskill | Fri, 11 Jun 2021
New Zealand shares and dollar moved higher as investors were unfazed by annual inflation in the United States hitting 5% in a data release overnight. The S&P/NZX 50 Index rose 32.38 points, o...