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Market close: NZ sharemarket falls more than half a per cent 1 Apr, 2021 04:40 AM 5 minutes to read AFT Pharmaceuticals slumped 57c or 11.52 per cent to $4.38. Photo / 123RF NZ Herald By: Graham Skellern The New Zealand sharemarket gave back much of its gains from the day before, falling more than half a per cent on steady trading as it entered the four-day Easter break. The S&P/NZX 50 Index fell 72.38 points or 0.58 per cent to 12,488.31, after rising 0.92 per cent on Wednesday. The index picked up in late trading, beforehand reaching an intraday low of 12,439.41. There wer...

Market close: Property stocks tumble as bond yields rise 9 Mar, 2021 04:36 AM 4 minutes to read NZ Herald By: Graham Skellern The interest rate sensitive property stocks tumbled on the back of rising bond yields but overall the New Zealand sharemarket steadied itself from recent falls and went the other way. The S&P/NZX 50 Index gained significantly in late trading, closing 59.96 points or 0.5 per cent ahead at 12,145.15 after reaching an intraday low of 12,057.9. There were 73 gainers and 68 decliners over the whole market with 66 million shares worth $211.2 million changin...

More bond buying in Australia leads Kiwi shares higher.

By Heather Haddon and Suzanne Vranica McDonald's Corp. said it is considering selling part of digital startup Dynamic Yield Ltd., which it acquired less than two years ago in a bid to boost... | March 4, 2021

Market close: NZ shares surge as global deals cheer investors 29 Dec, 2020 04:35 AM 3 minutes to read By: Graham Skellern High-flying Meridian Energy became the largest local cap stock and 10 others hit new highs as the New Zealand sharemarket continued to surge post-Christmas. The S&P/NZX 50 Index climbed its own new heights to 13,246.77, up 208.83 points or 1.6 per cent. There were 107 gainers and just 35 decliners over the whole market on volume of 46 million share transactions worth $89.1m. Greg Smith, head of research with Fat Prophets, said the period between Christmas...