Markets

By Dan Brunskill | Tue, 02 Jun 2020

New Zealand shares rose as investors found confidence in the Prime Minister bringing forward a decision about the move to alert level 1. Tourism Holdings and Gentrack led the market higher with double...

By Jenny Ruth | Tue, 02 Jun 2020

The New Zealand dollar was firmer but off its highs as optimism about the global economy's recovery was tempered by US President Donald Trump threatening to use federal troops against protesters. T...

By Rebecca Howard | Tue, 02 Jun 2020

The domestic market may gain on news that New Zealand could normalise nearly all activity sooner than expected and after Wall Street ticked up with US investors shrugging off domestic unrest and focus...

By Dan Brunskill | Fri, 29 May 2020

New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions. The S&P/NZX 50 Index rose 25.72 points, or 0....

By Jenny Ruth | Fri, 29 May 2020

The New Zealand dollar rose on end-of-month book squaring and despite some trepidation about what US President Donald Trump will say about China in a planned announcement later today. The kiwi was...

By Rebecca Howard | Fri, 29 May 2020

Trading may be tentative after Wall Street pared its gains on news that US President Donald Trump will hold a news conference on China on Friday. Wall Street turned negative on the news and the Dow...

By Dan Brunskill | Thu, 28 May 2020

New Zealand shares reversed an earlier gain as Asian markets were sold off amid growing fears of a confrontation between the United States and China. The S&P/NZX 50 Index fell 192.50 points, or 1.7...

By Paul McBeth | Thu, 28 May 2020

The New Zealand dollar was largely unchanged as investors remained relatively upbeat about the local economic outlook relative to the rest of the world. The kiwi traded at 61.86 US cents at 5pm in...

By Rebecca Howard | Thu, 28 May 2020

A positive night on Wall Street may once again cheer domestic investors as optimism about an economic recovery from covid-19 continues to outweigh any US-China jitters for now. The Dow Jones Indust...

By Dan Brunskill | Wed, 27 May 2020

New Zealand shares were led higher by Mainfreight after the logistics group's earnings weathered the worst of the covid-19 crisis at a time when investors grow more optimistic about the global economy...

By Jenny Ruth | Wed, 27 May 2020

The New Zealand dollar was firmer amid headline-driven whipsaw trading as investors reacted to the US considering sanctions on Chinese officials and firms and a report that a trans-Tasman "bubble" cou...