
Market close: Stocks connected to the impacts of Covid continue to wobble
The New Zealand sharemarket finished a nervous week almost where it started.
The New Zealand sharemarket finished a nervous week almost where it started.
Surprise movements in markets as prices rebound.
The re-emergency of Covid-19 has cast more doubt on NZ corporate earnings.
New Zealand sharemarket struggled for a direction as nervousness crept in over Covid-19.
Demand for capital and increased share trading drove the result.
Announcements of subsidies and easing may have stemmed expected sell-off.
Central bank could lend direct to retail banks to ensure OCR cuts get to customers.
So gallant over the past four months, the NZX slumped 1.32 per cent today.
Back to the drawing board for economists trying to make forecasts.
The New Zealand sharemarket is proving to be very resilient.
The S&P/NZX 50 Index crept ahead 36.76 points or 0.32 per cent to 11,683.44.
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Gin's soaring popularity has caused a boom in sales and launched new craft distilleries.
NZX takes a breather as it awaits a probable mixed earnings season.
Local investors stayed on the sideline as concerns mounted over a second wave of Covid-19.
The NZX index was supported by a late burst of trading.
Crisis has seen central banks come to the rescue, with predictable benefits for investors.
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Mainfreight led the market higher.
Stride Property will maintain its dividend despite the impacts of Covid-19.
Investors became wary of a market correction ahead of earnings results from the US.
Gold prices hit a record US$1,943.92 per ounce.
Corporates are turning to the bigger KiwiSaver asset managers as a source funding.
Fonterra wins long battle in new dairy legislation.
Auckland-based Aroa floated after raising A$45 million in an IPO
New Zealand companies with Australian arms are under the spotlight.