
Market close: Ryman bright spot as NZ sharemarket slips again
It was another day of treading water for the market, says investment adviser.
It was another day of treading water for the market, says investment adviser.
The New Zealand sharemarket tumbled to its lowest level in 15 weeks.
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The S&P/NZX 50 Index lost 1.54 per cent for the week.
Businesses and individuals managed to avoid a blackout - this time.
The S&P/NZX 50 Index had its fifth fall in seven trading days.
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The New Zealand sharemarket drifted lower on a quiet day.
The S&P/NZX 50 Index's slide wasn't as large as yesterday's.
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Renewed investor support helps deliver fourth gain in five trading days.
The S&P/NZX 50 Index made a small gain today.
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The local index wasn't able to keep yesterday's momentum going.
The New Zealand sharemarket posted a handy gain.
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F&P Healthcare and Ebos did the heavy lifting.
Meanwhile, the NZ sharemarket bounced back as tensions in the Middle East eased.
Also under scrutiny are the creaky state of Kiwi appliances and our ageing vehicle fleet.
But the local index and its defensive stocks fared the best in terms of falls.
The New Zealand sharemarket declined for the 13th time in 16 trading days.
The index powered ahead after falling nearly 1 per cent yesterday.
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It was the lower-risk stocks that outperformed today.
Some confidence returned to the local index in the afternoon but it remained in the red.
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The New Zealand sharemarket was marginally down to finish the week flat.
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The local index followed Wall Street lower.