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Market close: NZ sharemarket falls as investors digest economic data 5 May, 2021 05:38 AM 4 minutes to read ANZ New Zealand reported half-year profit increased 18 per cent to $930m. Photo / 123RF NZ Herald By: Graham Skellern Investors stepped back to digest a flow of economic data and what it means as the New Zealand sharemarket fell half a per cent after two days of rises. The S&P/NZX 50 Index was down 63.88 points or 0.49 per cent to 12,848.31 in rocky trading, after hitting an intraday low of 12,759.14 and high of 12,912.19. There were 61 gainers and 70 decliners over th...

Market close: NZ sharemarket rides strong Wall St momentum 4 May, 2021 05:43 AM 4 minutes to read The New Zealand sharemarket posted a gain of more than one per cent. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket followed strong momentum on Wall Street by posting a gain of more than one per cent, and was powered by big moves from Mainfreight and a2 Milk. The S&P/NZX 50 Index rose 143.34 points or 1.12 per cent to 12,912.19, after falling to an intraday low of 12,767.04. There were 72 gainers and 50 decliners over the whole market on strong volume of ...

Market close: NZ sharemarket 'treading water' as it awaits company results 30 Apr, 2021 05:54 AM 4 minutes to read The NZ sharemarket edged ahead to end the week. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket ended the week on a quiet note and a small gain, with one fund managing saying "it is treading water awaiting the latest mini-reporting season." The S&P/NZX 50 Index edged ahead 15.92 points or 0.13 per cent to 12,731.13, after falling to an intraday low of 12,661.10. There were 66 gainers and 73 decliners over the whole market, with 56.54 milli...

Market close: Vista Group big mover as sharemarket rises 29 Apr, 2021 05:38 AM 4 minutes to read Vista Group rose 7c or 3.04 per cent to $2.37. Photo / Getty Images NZ Herald By: Graham Skellern Market leader Fisher and Paykel Healthcare conducted the heavy lifting and led the New Zealand sharemarket to a gain of half a per cent. Outside of Fisher and Paykel's hard work, the market was in a holding pattern, awaiting the latest round of company financial results. The S&P/NZX 50 Index picked up 69.06 points or 0.55 per cent to 12,715.20 on steady volume of 34.8 million share t...

Market close: Former market darling a2 Milk plunges to another low 27 Apr, 2021 05:38 AM 4 minutes to read A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File A2 Milk, which sat at $19.92 on August 20 last year, has fallen to $7.46. Photo / File NZ Herald By: Graham Skellern The New Zealand sharemarket stayed stubbornly flat but storm clouds surround marketer a2 Milk as it fell a further 5 per cent and more to a new low. The S&P/NZX 50 Index slipped 30.11 points or 0.24 per cent to 12,620.52, after trading in a narrow range of 12,592.77 to ...