F&P Healthcare profit-taking drags NZX 50 down
By Dan Brunskill | Fri, 30 Oct 2020
New Zealand's headline share index fell today as ongoing coronavirus fears and end-of-month profit taking - notably Fisher & Paykel Healthcare - pushed the market down.The S&P/NZX 50 Index...
Shares fall as coronavirus woes return
By Dan Brunskill | Thu, 29 Oct 2020
New Zealand shares joined a worldwide rout as Europe’s return to lockdown reminded investors the pandemic still poses a serious threat to the global economy. The S&P/NZX 50 Index fell 6...
F&P Healthcare share bounce prevents second market fall
By Dan Brunskill | Wed, 28 Oct 2020
A share price bounce for Fisher & Paykel Healthcare helped inch the S&P/NZX 50 index higher today as a resurgence of covid-19 in the United States and Europe weighed on some stocks. The b...
MARKET CLOSE: Shares end muted week with small rise
By Dan Brunskill | Fri, 23 Oct 2020
New Zealand's main share index rose half a percent today, closing out a week of muted trading.Markets across the globe have failed to gain traction as US stimulus negotiations floundered in the ru...
MARKET CLOSE: Shares decline as global headwinds endure
By Dan Brunskill | Thu, 22 Oct 2020
New Zealand shares edged lower as global investor sentiment weakened.The S&P/NZX 50 Index fell 25.32 points, or 0.2 percent, to 12,407.29. Within the index, 21 stocks fell, 19 rose, and 10 were un...
MARKET CLOSE: Stimulus hopes push kiwi up, but shares fall
By Dan Brunskill | Wed, 21 Oct 2020
Renewed optimism for fiscal stimulus in the United States being passed before the presidential election drove a rally in the kiwi dollar along with most other risk assets.The New Zealand share market...
MARKET CLOSE: Kiwi dollar hits three month high against Aussie
By Dan Brunskill | Tue, 20 Oct 2020
The New Zealand dollar rose to a three-month high against its Australian counterpart as the gap between monetary policy settings in the two countries looks set to close.The kiwi dollar was trading at...
MARKET CLOSE: Markets unrattled by election, electricity sector falls
By Dan Brunskill | Mon, 19 Oct 2020
New Zealand markets were steady with investors relaxed after the Labour Party secured a historic majority in Saturday’s general election. The electricity sector led a modest decline in the share...