
Market close: NZ stocks end firm, Westpac drops post-result
Banking news dominated the New Zealand sharemarket in an otherwise quiet session.
Banking news dominated the New Zealand sharemarket in an otherwise quiet session.
The index was spurred on by relief rallies in other Asian Pacific markets.
Domino's disaster in Aussie market continues, Fed rate hike has NY markets seeing red.
What's happening on the markets this week.
The Fed will keep lifting rates to fight inflation - and investors didn't respond well.
New York Times: Investors' hopes dashed of an end to rate increases anytime soon.
China's zero Covid lockdowns are behind weaker demand from the PRC and lower GDT prices.
The index fell, but the New Zealand dollar strengthened.
Upstart social media platform backlash a boon for two US players.
Despite hiccups, Dow Jones on track for best month since mid-1970s.
The index surged to a big gain.
Facebook's owner a shambles, but better news for America's broader GDP data.
The S&P/NZX 50 Index had a choppy session but eventually closed higher.
New York Times: US officials had a secret oil deal with the Saudis. Or so they thought.
But a self-driving car company soars in otherwise "challenging" environment.
The index is up almost 2.5 per cent so far this week.
Used car dealer bucks trends, jewellery giant also has glitzy day on markets.
Companies are still raising debt but it is getting more expensive.
Fed hawks inflation battle plan has markets on edge.
But the S&P/NZX 50 Index tumbled all day, closing lower.
The New Zealand sharemarket once again rode a rebound on Wall Street.
Deal drama: Facebook parent Meta down after it was ordered to sell Giphy.
And bring more diversification for investors.
The New Zealand sharemarket gained half a per cent.
Jarden Brief: Newcomer shakes up New York with huge boost, strong online customer numbers.
They love inflation, they love it not: Wall St's weird, wild overnight fling.
THL has emerged as a bright spot in an otherwise bleak looking sharemarket.
The index has blown out to a fall of more than 17 per cent this year.
And PepsiCo has a good day after sharing secret recipe to its revenue growth.