
Market close: Utilities sector drags NZ sharemarket lower
It's a pivotal week for stocks, particularly Synlait Milk.
It's a pivotal week for stocks, particularly Synlait Milk.
The index increased 0.65% for the week but remains flat for the year.
The New Zealand sharemarket shed nearly half a per cent.
Tax changes have implications for commercial building depreciation.
Inland Revenue is targeting customers who are actively dealing in cryptoassets.
Bay of Plenty Regional Council's sell-down could equate to more than $850m of stock.
Europe and Britain are already feeling an economic rebound despite political dramas.
It was a flat day on the New Zealand sharemarket today.
The S&P/NZX 50 Index was up and down all day.
Blue-chip stocks came alight as the S&P/NZX 50 Index rose more than half a per cent.
The New Zealand sharemarket was lower on another downgrade from The Warehouse Group.
Turnover was $445.7 million, more than twice the $168m average daily turnover in May.
New York Times: 'You are seeing a technology become a partisan political issue.'
Shares in energy companies and retirement village stocks rose.
But will it end in tears? A couple of cautious voices emerge.
Investment firm among the biggest gainers after resuming trading.
Electricity generator-retailers also weighed on the market.
OPINION: New Zealand has put itself on a path to bankruptcy since 2008.
The S&P/NZX 50 index snapped a five-day losing streak.
And all eyes will be on the US Federal Reserve’s latest meeting.
The market was boosted by leading insurer Tower’s second earnings upgrade in two months.
The New Zealand sharemarket recorded its third successive fall.
The New Zealand sharemarket had a late dive as investors took some profit.
The New Zealand sharemarket remained reasonably resilient with a slight fall.
New York Times: New technology could turn those pricey devices into an asset.
The S&P/NZX 50 Index delivered a third successive day of gains.
But the NZ sharemarket managed to make a small gain.
The S&P/NZX 50 Index had one of its biggest single-day rises in years.
The New Zealand sharemarket fell one per cent to a near-low for the year.