MARKET CLOSE: NZ shares fall as Melbourne lockdown spooks investors
New Zealand shares followed Australia lower as investors weighed up the economic impact of a covid-19 lockdown being re-imposed in the state of Victoria, where new cases of the coronavirus have spiked in the last week. The S&P/NZX 50 Index declined 36.46 points, or 0.3 percen...
MARKET CLOSE: NZ shares rise with continual central bank support
New Zealand shares rose for a fourth day as investors bet that further central bank stimulus and ongoing low interest rates will continue to support equities. The S&P/NZX 50 Index gained 87.52 points, or 0.8 percent, to 11,743.73. Within the index, 27 stocks rose, 20 fell, and...
MARKET CLOSE: NZ shares rise as Metlifecare jumps on new takeover bid
New Zealand shares rose, led by Metlifecare after the retirement village operator received a new takeover offer from its on-again, off-again suitor, EQT. The S&P/NZX 50 Index advanced 97.51 points, or 0.8 percent, to 11,656.21. Within the index, 34 stocks rose, 8 fell, and ei...
Rocket Lab customer counts cost of failed launch
Kleos Space is assessing the cost and impact of losing technology in Rocket Lab’s failed launch on the weekend.
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