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Market Close: Sharemarket edges closer to correction territory as Covid lockdown bites again 15 Feb, 2021 05:01 AM 4 minutes to read Local shares fell again as Auckland goes back into Level 3 lockdown NZ Herald By: Graham Skellern The latest Auckland lockdown put a dampener on the New Zealand sharemarket and those stocks most affected by the Covid pandemic as the leading index fell another half per cent and moved closer to a real correction. The S&P/NZX 50 Index was down 79.08 points or 0.63 per cent to 12,510.56, after reaching an intraday low of 12,469.12. With only one ga...

Market close: Sharemarket sheds another half per cent 11 Feb, 2021 04:35 AM 4 minutes to read There was unusual activity in Z Energy with nine million shares worth $25.24m changing hands. Z Energy's share price slipped 2c to $2.80. Photo / File There was unusual activity in Z Energy with nine million shares worth $25.24m changing hands. Z Energy's share price slipped 2c to $2.80. Photo / File NZ Herald By: Graham Skellern It was déjà vu on the New Zealand sharemarket. The blue chip stocks were still volatile, trading was again cautious and the market shed another half per cent – ...

The New Zealand sharemarket woke up late after drifting most the day.

Market close: Sharemarket etches out small gain after jobs data 3 Feb, 2021 04:37 AM 4 minutes to read Under-fire retirement village operators had positive days. Summerset Group rose 26c or 2.16 per cent to $12.32. Photo / File NZ Herald By: Graham Skellern An unexpected drop in the unemployment rate – showing the economy is rebounding strongly – provided good and bad news for the New Zealand sharemarket which etched out a small gain. The S&P/NZX 50 Index seesawed in a 150-point range before finishing at 13,091.21, up 46.71 points or 0.36 per cent, after being ahead one ...

The unemployment rate provided good and bad news for the New Zealand sharemarket.