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Investors go bargain hunting in retail stocks; Vulcan Steel falls after downgrade - Market close

An uncertain New Zealand sharemarket was again lower, giving up well-earned gains from the day before, but there was some bargain hunting in cyclical retail...

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Can Mixed Fundamentals Have A Negative Impact on Delegat Group Limited (NZSE:DGL) Current Share Price Momentum?

Delegat Group (NZSE:DGL) has had a great run on the share market with its stock up by a significant 7.8% over the last...

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Retailers rise on Briscoe Group's record result - Market close

Retailer Briscoe Group delivered the goods again and the latest United States data rekindled investor sentiment, but the New Zealand sharemarket remained...

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New Zealand business: Companies still doing it tough against backdrop of sluggish economy - Mark Lister

OPINION The local reporting season wrapped up last week and while it wasn’t terrible, we saw a lacklustre set of releases and company updates. Many of our...

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Delegat first half profit drops 18 pc, sticks to year forecast

Wine exporter Delegat Group’s first-half net profit fell by 18 per cent to $33.4 million, due mostly to higher interest costs and accounting adjustments....

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NZ stocks on firm note, reporting season disappoints - Market close

New Zealand stocks ended with a slight gain in stark contrast to major international markets, which rallied sharply on the back of an explosive earnings...

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Sharemarket falls as reporting season kicks off - Market close

The New Zealand sharemarket had a topsy-turvy day after Vulcan Steel kicked off the latest reporting season with an expected sharp fall in earnings. The...

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OCR rate hike prediction rattles sharemarket - Market close

The New Zealand sharemarket was rattled by the suggestion by ANZ the Reserve Bank could still hike the official cash rate (OCR) twice this year. The S&P/NZX...

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Australian sharemarket hits all-time high as inflation falls - Market close

Australian inflation fell more than expected and its sharemarket hit an all-time high. But the New Zealand bourse ignored all that action and declined nearly...

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NZX continues to drift lower - Market close

The New Zealand sharemarket was still in holiday mode, starting the new week when offices are reopening on lighter than normal trading and a fall of more...

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