
Meme stocks are back as investors buy shares of beaten-down companies
A new class of meme stocks has sprung up.
A new class of meme stocks has sprung up.
The sharemarket fell after a weak Wall Street over the weekend.
Investors are wary about the continuing rise in long-term bond yields.
The United States credit rating downgrade reverberated around weaker offshore bourses.
The New Zealand sharemarket shrugged off weak offshore bourses.
The New Zealand sharemarket retreated more than half a per cent on light trading.
The New Zealand sharemarket ended the week on a flat note.
The power companies are due to report their results next month.
But while the local index perked up, investors are still hanging back.
Gains were widely spread across the main board amongst the big and small cap stocks.
Meanwhile some of the steam came out of United States stocks.
The S&P/NZX 50 Index closed flat for the third successive day.
The NZ sharemarket made a small gain on further evidence that inflation is falling.
The company has rejected the takeover offer.
The New Zealand sharemarket drifted sideways in a quiet day’s trading.
There is a plan to take over some or all of the glass processor.
Vulcan Steel disappointed the market.
The NZSA has questioned the timeliness of PGW's disclosure.
The index finished lower despite a late surge.
Talk around the world of more interest rate rises is making some people nervous.
A big surge in tech sector stocks is stocking fears of a new dot.com bubble.
The index climbed strongly in the afternoon after having fallen more than 1 per cent.
However, neither were able to stop the index from falling lower today.
Mega-strike would be the first of its kind in more than 25 years.
The index has risen more than 3 per cent in six of the last seven trading days.
Machinations in motion to manipulate oil price.
Both indexes reacted positively to the RBA putting rate hikes on hold.
Comvita expects an earnings boost from its latest acquisition.
But an otherwise aimless sharemarket traded flat.
Some good dividends are also being paid out.