
Traders brace for more volatility
Investors are bracing for more fall-out as trading resumes tomorrow after Britain's shock vote to leave the European Union sparked market chaos on Friday.
Investors are bracing for more fall-out as trading resumes tomorrow after Britain's shock vote to leave the European Union sparked market chaos on Friday.
European stock markets dived when they opened tonight after Brexit vote.
Global financial markets were thrown into turmoil yesterday after Britons voted to exit the European Union (EU).
COMMENT: The New Zealand sharemarket has fallen away from record levels thanks to global investor fears about Britain potentially leaving the EU.
'Exciting' refresh includes 10 new products hitting the shelves.
Machines may be taking over the world but in at least one corner of the markets, humans are beating back the robots.
Tegel sales and profits beat prospectus forecasts and it's track to achieve targets for the year.
Analysts expect volatility until result of referendum is known at week's end.
COMMENT: The "Brexit" vote is the biggest event for financials markets we've seen in a while.
The former owners of the Clear Grain Exchange were concerned by former NZX boss Mark Weldon's angry behaviour.
New Zealand shares fell as fears around the potential for Britain to exit the European Union continued to erode risk appetite.
Fast food chain franchise may ditch plans to enter the US market.
New Zealand shares fell as the local bourse joined a global selloff in equity markets amid concern Britain could leave the European Union.
Pyne Gould Corp shares are allowed to trade again, ending a seven-month suspension.
New Zealand shares rose, led by A2 Milk Co and Air New Zealand, which has sold most of its Virgin Australia stake at a better price than the market expected.
Low interest rates have been a key factor behind the NZ sharemarket's strong run, due to its high proportion of dividend-paying, high-yielding stocks.
There has been speculation for several months that Vodafone was looking to sell its New Zealand operations, with Sky TV tipped as a possible option.
Kathmandu is suing its biggest shareholder, Briscoe Group, in an effort to recoup what it spent fending off the rival retailer's failed takeover attempt.
COMMENT: The domestic sharemarket has continued its march ahead, with the S&P/NZX 50 Index moving through 7000 points for the first time ever.
Shares in Steel & Tube Holdings have fallen to their lowest level since the aftermath of the September 11 attacks.
New Zealand shares gained as Fletcher Building reached its highest level this year on speculation it will benefit from housing demand.
New Zealand's benchmark stock index hit a record high, led by Air New Zealand and Tower, while Steel & Tube Holdings continued to decline.
COMMENBT: Fu Wah International, which already has plans to build two hotels in Auckland, wants to take a stake in a Kiwi retirement village operator.
NZX will start making confidential enquiries of listed companies that experience unexplained share price movements.
Vista Group International has inked its first deal to provide its cinema software to theatres in Africa.
NZX's former head of strategy told the High Court Ralec set the first target Clear failed to meet.
New Zealand shares were mixed on a relatively quiet Monday as the market digested results posted by companies with a March 31 balance date.
Abano has agreed to sell its 50 per cent stake in audiology company Bay International to interests associated with Peter Hutson for $32 million.
There's no doubting that the NZX and the wider investment community would like to see more initial public offers and sharemarket listings.
New Zealand shares fell from a record high as speculation about a Federal Reserve rate hike next month drove up the US dollar