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NZ dollar little changed against major currencies on low liquidity, lack of news leading into Xmas
By Tina Morrison Dec. 24 (BusinessDesk) – The New Zealand dollar was little changed against major currencies today, reflecting low liquidity and a lack of new data leading in to the Christmas holiday period. The kiwi slipped a touch to 81.82 US cents at about 4pm in Wellington,...
MARKET CLOSE NZ stocks rise before Xmas, Fletcher gains on outlook
Dec. 24 (BusinessDesk) – New Zealand stocks rose on Christmas Eve, pushing the NZX 50 Index to a three-week high, as the outlook for the construction industry helped lift Fletcher Building and Warehouse Group led some retailers higher in the peak spending season. The NZX 50 ros...
NZ 2014 election weighs on equity market, may weaken business confidence, currency, First NZ says
By Tina Morrison Dec. 24 (BusinessDesk) – The general election in New Zealand next year is starting to weigh on the nation’s equity market and is also likely to weaken business confidence and the exchange rate, brokerage First NZ Capital said. The election, to be held between S...
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