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NZ dollar gains vs. euro on Europe concerns, falls vs. Australian dollar
Feb. 5 (BusinessDesk) – The New Zealand dollar rose against the euro as European political reports renewed concerns about the region’s debt crisis and pushed the common currency down from a two-year high against the greenback. The New Zealand dollar rose to 62.49 euro cents fro...
While you were sleeping Political risks hit sentiment
By Margreet Dietz Feb 5 (BusinessDesk) - Stocks on both sides of the Atlantic dropped as concern about Europe's political and financial instability returned, and Wall Street's five-year highs left investors with vertigo in the absence of signs to justify current valuations. The...
MARKET CLOSE NZ shares rise, led by Wrightson, NZOG; Fletcher falls
Feb. 4 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index back toward its five-year highs, led by PGG Wrightson and NZ Oil & Gas as commodity prices rose and investors continued to be drawn to the relatively attractive dividend yields. The NZX 50 gained 0.46 po...
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