MARKET CLOSE: NZ shares fall as the risk of global pandemic rises
By Dan Brunskill | Tue, 25 Feb 2020
New Zealand shares joined a global rout after the spread of coronavirus cases outside China caused stocks across Europe and the US to plunge as investors sought to avoid the risk of a global pandemic....
NZ dollar takes a breather, likely to fall further
By Jenny Ruth | Tue, 25 Feb 2020
The New Zealand dollar firmed, with traders expecting the currency's slide to resume as more news emerges on the spread of coronavirus beyond China. The kiwi was trading at 63.47 US cents at 5pm in...
NZX50 slumps 3.2% in aggressive sell-off
By Dan Brunskill | Tue, 25 Feb 2020
Kiwi investors reacted to the sharp drop on Wall Street overnight with their own aggressive sell-off, pushing the S&P/NZX50 down more than 3 percent in early trading.The benchmark index sank 377.7...
NZ dollar stalled amid ongoing coronavirus concern
By Jenny Ruth | Mon, 24 Feb 2020
The New Zealand dollar was little changed amid ongoing concern at the spread of the coronavirus and its likely economic impact. The kiwi was trading at 63.24 US cents at 5pm in Wellington, little c...
Chorus signals higher dividends as UFB build nears end
By Paul McBeth | Mon, 24 Feb 2020
Chorus has signalled plans to pay bigger dividends after an extended period of constrained returns while it built the bulk of the country’s fibre network.The telecommunications network operator today...
MARKET CLOSE: NZ shares edge higher as earnings season rewards investors
By Dan Brunskill | Fri, 21 Feb 2020
New Zealand shares edged higher today, rounding out the second week of major earnings with a 2 percent weekly gain. The S&P/NZX 50 Index increased 8.48 points, or 0.07 percent, to 12,073.34. Within...
NZ dollar extends slide as virus concerns grow
By Jenny Ruth | Fri, 21 Feb 2020
The New Zealand dollar extended its decline amid ongoing uncertainty at the economic impact of the coronavirus crisis and growing mistrust of what Chinese officials say about the disease's spread....