
Little market reaction to major events
Sharemarkets reacted calmly yesterday after major events were expected to cause chaos.
Sharemarkets reacted calmly yesterday after major events were expected to cause chaos.
The dollar rose above 72 US cents for the first time since the beginning of March.
NZ's biggest petrol chains increased their profits in 2016 despite revenue dropping.
NZ commodity prices rise 3 per cent in May, led by a jump in apple, kiwifruit prices.
New Zealand shares rose led by Fletcher Building and Restaurant Brands.
The New Zealand dollar continued to gain slightly against the Aussie.
Carbon markets unfazed by news Trump pulls out of Paris deal, traders say.
NZX's board doesn't support the election of Tony Falkenstein as one of its directors.
The New Zealand dollar extended its gains against the Aussie dollar.
Cavalier's outlook has deteriorated further since its last earnings downgrade in February.
The gain was on the back of outlook favours the kiwi over its trans-Tasman counterpart.
The NZ division of ExxonMobil turned from a loss to a $91 million profit in 2016.
The New Zealand dollar rose above 71 US cents for the first time since.
Orion Health expects to be back in the black by the second half.
The dollar touched a three-week high against the euro overnight, before retreating,
NZ dollar gains vs Aussie as kiwi comes back into favour on cross trade.
Bank holidays in the US, China and the UK today are likely to keep trading subdued.
The dollar rose above 70 US cents as investors were disappointed by caveats in US minutes.
The dollar drifted off a month-high as US President unveiled plans to cut spending.
The price of a single bitcoin has soared to $2,200 from just $0.003 seven years ago.
COMMENT: Price is lower now than at the start of Opec cuts, writes Sheldon Slabbert.
The kiwi was little changed at the start of a quiet week for domestic economic data.
The dollar gained on speculation on lesser need to raise interest rates in the US.
The New Zealand dollar fell to the lowest level in about 11 months against the euro.
Money doesn't grow on trees. But Japan figured out something even better.
New Zealand shares fell, led by companies that have outperformed the index this year.
The New Zealand dollar was little changed, having climbed overnight only to reverse track.
The dollar rose after figures showed a stronger-than-expected gain in retail sales.
Activity and spending in China compounds jitters from cyber attack and missile test.