
Market close: Investors skittish over timing of interest rate cuts, NZ stocks tumble
The local index was rescued somewhat with a late rise in the matching session.
The local index was rescued somewhat with a late rise in the matching session.
The New Zealand sharemarket had a down day following the Easter break.
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The uptick came despite a trading halt, voluntary administration and a product recall.
The S&P/NZX 50 Index had a topsy turvy day.
Money-losing firm, with US$3.4 million revenue, is valued at US$6.8 billion.
The local index finished lower after five consecutive days of heady rises.
The NZ sharemarket reached one of its highest closes in 13 months.
The NZ sharemarket reached its highest close in nearly eight months.
But the New Zealand sharemarket had a welcome rise of more than half a per cent.
The New Zealand sharemarket fell for the sixth successive trading day.
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The local index fell for the fifth successive day.
The NZ sharemarket continued to drift aimlessly.
The result wasn't enough to keep the NZ sharemarket in positive territory for the day.
The NZ sharemarket was in a lacklustre mood and posted a near half per cent fall.
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The NZX gave up some of the strong gains from last week amid concern over US inflation.
The New Zealand sharemarket posted its third consecutive rise, albeit small.
Meanwhile, US tech stocks took a dive.
The New Zealand sharemarket had a late bounce on a quiet day.
The S&P/NZX 50 Index had a slight fall.
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The local index made a small gain today after a hectic week.
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'There was not much green on the screen'.
The NZ market eked out a slight gain despite a surge among international markets.
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The New Zealand sharemarket had its second positive day on the trot.