
Evidence of housing downturn sends retirement village stocks lower
The New Zealand sharemarket retreated with a fall of more than half a per cent.
The New Zealand sharemarket retreated with a fall of more than half a per cent.
The New Zealand sharemarket made a late rally to finish the day higher.
Shares slumped as Covid lockdowns suffocated gambling business.
The New Zealand sharemarket slumped more than one and a half per cent.
However, a weary and uncertain sharemarket finished 0.36 per cent ahead for the week.
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The New Zealand sharemarket perked up, led by Auckland International Airport and Spark.
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The S&P/NZX 50 Index dropped sharply in the afternoon.
The index finished a tumultuous shortened week down 3.26 per cent.
Retailer says it had to battle a difficult trading environment over the past year.
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The NZ sharemarket fell sharply in the afternoon.
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The New Zealand sharemarket caught a big downdraft from the weak overseas prices.
Global markets are feeling bruised and battered, and New Zealand is not immune.
Health care and energy on top, but two sectors were big laggards.
Major stocks Meridian and F&P Healthcare provided support to the NZ index.
Fonterra's annual profit has come in at the top end of its guidance range.
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