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NZ sharemarket rocked by US inflation data

The New Zealand sharemarket bore the brunt of hotter-than-expected inflation data in the US that saw bond yields rise and more angst over the timing of any...

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Israeli attack on Iran sends markets into further turmoil - Market close

An Israeli counter-attack on Iran sent sharemarkets into further turmoil, with New Zealand and its defensive stocks faring the best in terms of falls. The...

New-zealand , Australia , Auckland , Israel , Iran , Michael-hill , South-australia , Manawa , New-zealand-general- , Marsden-point , Napier-port , Japan

NZ sharemarket down 0.77% for the week

The New Zealand sharemarket had its fourth successive fall on light trading, and in a rare move, the regulator issued a caution over investing in Being AI share...

New-zealand , Shane-solly , Harbour-asset-management ,

Comvita's solid recovery continues; Being AI given 'speeding ticket' - Market close

The New Zealand sharemarket had its fourth successive fall on light trading, and in a rare move the regulator issued a caution over investing in Being AI...

Iran , Israel , Auckland , New-zealand , United-states , Hallenstein-glasson , Neel-kashkari , Ross-taylor , Shane-solly , Bevan-mckenzie , Bruce-hassall , Contact-energy

NZ stocks head into Easter on a positive note - Market close

The New Zealand sharemarket headed into the Easter break in a happy place with a rise of nearly 1 per cent despite a trading halt, voluntary administration...

New-zealand , Manawa , New-zealand-general- , Auckland , Blacklock-rose , Fisher-paykel , Shane-solly , Hallenstein-glasson , Greg-smith , David-mair , Tim-runnalls , Julia-hoare

Analysts warn of slow turn-around for Ryman Healthcare - Stock Takes

Ryman Healthcare’s third downgrade for its 2024 financial year caught investors by surprise this week, resulting in the share price dropping by more than 11...

China , David-bortolussi , Rob-morrison , Stephen-ridgewell , Shane-solly , Ryman , Morrison , Ryman-healthcare , Harbour-asset-management , Investment-partners , Bright-dairy , Stock-takes

NZ shares bounce back after rough week - Market close

The New Zealand sharemarket bounced back with a gain of more than half a per cent, helped by a recovery in Fletcher Building and a sharp rise from utilities...

Waikato , New-zealand , United-states , Napier-port , New-zealand-general- , Michael-hill , Shane-solly , Hallenstein-glasson , Adrian-orr , Waikato-university , Air-new-zealand , Ebos-group

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...

Michael-hill , South-australia , Australia , New-zealand , Sydney , New-south-wales , Japan , United-states , Australian , Shane-solly , Ebos-group , Vital-healthcare

Analysts unhappy with Fletcher's $180m provision from NZICC, car parks

Analysts expressed disappointment about Fletcher Building’s $180 million provisioning from the NZ International Convention Centre [$165m] and Wellington...

Wellington , New-zealand-general- , New-zealand , Australia , Puhoi , Shane-solly , Ross-taylor , Bevan-mckenzie , Wellington-international-airport , Nz-international-convention-centre , Fletcher-building , Convention-centre

Comvita share price plunges to 12-year low after earnings downgrade - Market close

Manuka honey producer Comvita plunged to a 12-year low on the New Zealand sharemarket with an earnings downgrade and SkyCity Entertainment was on the rise...

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