MARKET CLOSE: NZ shares rise as Pushpay climbs to new heights
New Zealand shares rose, led by Pushpay Holdings, as the mobile payments app developer soared to new heights after signalling it was in for more growth. The S&P/NZX 50 Index advanced 82.11 points, or 0.8 percent, to 10,572.84. Within the index 24 stocks rose, 25 fell, and one...
MARKET CLOSE: NZ shares rise as Kathmandu gets back to business
New Zealand shares edged higher, led by Kathmandu Holdings, which will start reopening its Australian stores this week and as investors found hope in the prospect of a trans-Tasman travel bubble. The S&P/NZX Index increased 14.75 points, or 0.1 percent, to 10,490.73. Within th...
'Retail phenomenon' helps NZX trading volumes soar
Equity trading on the NZX has skyrocketed as first-time investors have taken to app-based investing during the pandemic chaos. Trading on the New Zealand exchange surged in April as investors bought into the crater left behind by the market’s history-making plunge in late Marc...
MARKET CLOSE: NZ shares rise in late rally as blue chips gain
New Zealand shares rose as a strong rally in Australia helped overcome the subdued tone set over the weekend, and as investors were heartened by news that no new local covid-19 infections had been reported in the past 24 hours. The S&P/NZX 50 Index increased 26.97 points, or...