
Market close: Australian sharemarket hits all-time high as inflation falls
But in New Zealand, the local index fell nearly half a per cent.
But in New Zealand, the local index fell nearly half a per cent.
The local index had its fourth down day in a row.
Trading is expected to pick up as the most popular time for holidays comes to an end.
Shares follow US markets and Australia and head higher.
But a big test comes tomorrow with the Treasury’s half-year economic and fiscal update.
The S&P/NZX 50 bounced up and down for much of the day, ultimately finishing higher.
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Nasdaq falls 2.5 per cent - close to its worst drop of the year.
New Zealand stocks remained boxed in by high interest rates and modest earnings growth.
The S&P/NZX50 index was at 11,135.58, down 85.90 points or 0.77 per cent.
The S&P/NZX 50 Index edged up 0.06 per cent.
The S&P/NZX 50 Index rose 13.1 points, or 0.12 per cent.
International funds coming in helped propel the local market.
No reason for optimism as we enter 'bear killer' month.
A2 Milk wants to cancel Synlait’s exclusive milk formula production and supply deal.
"Administrative error" blamed for BlackRock notices.
A new class of meme stocks has sprung up.
The sharemarket fell after a weak Wall Street over the weekend.
The New Zealand sharemarket shrugged off weak offshore bourses.
There is a plan to take over some or all of the glass processor.
The NZSA has questioned the timeliness of PGW's disclosure.
Talk around the world of more interest rate rises is making some people nervous.
Fisher Funds' Ashley Gardyne weighs in on how markets have performed.
The parties say the deal will boost the country’s fight against predators and pests.
It has been months since the last listing on the NZ Stock Exchange.
The NZ sharemarket opened a crucial week for the economy with a fall.
The NZ sharemarket fell more than 1 per cent today.