
NZ shares rise as investor FOMO stokes demand for beat-up stocks
New Zealand shares rose for a third day.
New Zealand shares rose for a third day.
The kiwi was trading at 59.55 US cents at 5pm.
The cinema software company wants to raise funds through a placement and rights issue.
The S&P/NZX 50 Index increased 250.92 points, or 2.5 per cent.
The kiwi was trading at 60.66 US cents at 5pm.
COMMENT: Sharemarkets have bounced in a big way over the past few weeks.
Impact may be reduced by farmers' debt reduction during current era of strong prices.
Pent-up demand for logs is strong in China, so why not resume harvesting?
The ruling comes as a legal win for account holders in the failed exchange.
The S&P/NZX 50 Index closed above 10,000 for the first time in almost a month.
The kiwi was trading at 59.58 US cents at 5pm.
A glimpse at what bosses are discussing among themselves amid the crisis.
The kiwi was trading at 59.82 US cents at 5pm.
Stocks jumped on news that the worst may be over for some of the worst-hit regions.
Investors sold down other stocks to take part in Auckland Airport's big issue
Currency markets are taking a bit of a breather
"The longer we leave it, the more of a shortage there is going to be," industry says.
The major oil-producing nations may have reached a deal.
New Zealand shares fell, led by a slump in Kathmandu Holdings.
The kiwi was trading at 59.28 US cents at 5pm.
The country's meat processors are still functioning, but at reduced capacity.
New Zealand shares rose as investors revisited some of the hardest hit stocks.
The kiwi was trading at 59.48 US cents at 5pm.
Investors remain jittery as the pandemic continues to strangle the economy.
New Zealand shares rose as institutional investors increased their exposure to equities.
The kiwi was trading at 60.16 US cents at 5pm.
The S&P/NZX50 rose 104.46 points, or 1.1 per cent, to 9,661.19.
The kiwi was trading at 60.22 US cents at 5pm.
Supermarkets are coming under scrutiny as demand soars during the lockdown.