Ryman hammered as NZ stocks took a negative turn on eve of OCR call
The index closed lower after a strong day yesterday.
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The New Zealand sharemarket started the week in a positive frame of mind.
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But overall the sharemarket shrugged this off and rose more than half a per cent.
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The index was lower but there is positive news on the US inflation front.
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The S&P/NZX 50 index increased nearly 2 per cent.
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The index fell by more than one per cent.
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Banking news dominated the New Zealand sharemarket in an otherwise quiet session.
Market close: NZ stocks end week on positive note
The index was spurred on by relief rallies in other Asian Pacific markets.
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The index fell, but the New Zealand dollar strengthened.
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Market close: F&P Healthcare benefits off flu season demand overseas
The New Zealand sharemarket took a breather following its bright start to the week.