
Market close: NZ shares insulated as Aussie resource stocks take a hit
The defensive nature of the New Zealand sharemarket came in handy and traded flat.
The defensive nature of the New Zealand sharemarket came in handy and traded flat.
The last time bitcoin was at this level was in November 2020.
The index ended the week down nearly 5 per cent.
NZ shares prices are sharply weaker after another bad day on Wall Street.
The NZ sharemarket staged a relief rally after the Federal Reserve's announcement.
Boeing and Netflix shares both performed strongly.
Buyers moved from the sideline and steadied the local market.
NZX50 continued its downward trend yesterday, some indices recovered overnight.
All major US indices, Asian and European markets were trading lower.
Major cryptocurrency lender effectively fails, citing 'extreme market conditions'.
New Zealand's benchmark equity index suffered a sharp drop.
OPINION: Freeze anything and everything before it goes off.
One of the best-known cosmetics brands in the world is facing a fight to stay alive.
The increase is being driven by high inflation.
Which NFTs will survive the crypto crash and why the blockchain will become part life.
Three parties are said to be interested in the business.
The Australian reserve bank's dramatic 50-basis point hike flowed into NZ's market again.
Investors turned their nose up at Sky's buyout talks with Mediaworks
NZX data showed the value of share trades across the exchange in May was $3.87 billion.
New Zealand's benchmark share index rose with US markets.
Market news from around the world.
New Zealand's main share index rose 64.89 points, or 0.6 per cent.
The market downturn will test new investors' tolerance for risk.
The S&P/NZX 50 Index rose 80 points, or 0.7 per cent.
Bitcoin was down 0.5 per cent while Ethereum fell 4.9 per cent.
The escrow period is set to come off for founders Gary and Robyn Rohloff.
The Winklevoss twins are riding their fortune on a crypto comeback.