
NZ dollar stable before release of GDP data
The GDP figures are expected to show the economy accelerated in the fourth quarter.
The GDP figures are expected to show the economy accelerated in the fourth quarter.
Investors are trying to guess the trajectory of policy tightening by the US Fed.
Kiwi currency joins rally across Asian equity markets.
The S&P/NZX50 Index rose 62.07 points, or 0.7 per cent, to 8,452.08.
Oil company is bigger in production terms than Shell, BP and ExxonMobil combined.
The kiwi dollar traded at 72.65 US cents as at 5pm.
A2 Milk led the index higher, up 4.9 per cent to $13.18.
The kiwi dollar traded at 93.08 Australian cents as at 5pm.
The New Zealand dollar rose against the US dollar as trade-war fears eased.
The S&P/NZX 50 Index fell 8.59 points, or 0.1 per cent, to 8,279.83.
The kiwi was trading at US72.22c at 5pm from US72.39c at 8am.
Total equity trades on the NZX jumped 66% in February as volatility index spikes.
The market is currently awaiting the outcome of the Italian election.
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The price of bitcoin climbed to nearly US$20,000 before falling back.
Nikko Asset Management has been named Morningstar's NZ Fund Manager of the Year.
S&P/NZX 50 index increased 29.54 points, or 0.4 percent, to 8,370.07.
The S&P/NZX 50 Index rose 38.81 points, or 0.5 per cent, to 8,340.53.
Michael Hill's 66 per cent profit plunge in first-half earnings a one-off, analyst says.
The kiwi declined to US73.56c at 5pm from US73.71c at 8am
Auscoin founder Sam Karagoizis has slammed a 60 Minutes report
The kiwi traded at US73.98c at 5pm from US73.88c in New York on Friday
S&P/NZX 50 Index declined 10.06 points, or 0.1 per cent, to 8,115.25
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The S&P/NZX 50 Index fell 33.31 points, or 0.4 per cent, to 8,059.06
Cryptocurrency billionaires are moving to an island to build their ultimate playground.
New Zealand shares fell but the damage was limited thanks to Tuesday's public holiday
Mining giant says higher prices boosted its underlying earnings
Market watchers expect New Zealand's market to fall tomorrow when it re-opens