
Market close: NZ shares run out of puff; price of oil falls
Investors hung back on a light day of trading.
Investors hung back on a light day of trading.
The stock has been dominated by retail investors in recent years.
But US and Asian share markets were down overnight.
Airline's shares down as market considers effects of its recovery plan.
The New Zealand sharemarket rose one and a half per cent.
Pacific Edge saw the biggest increase in the markets yesterday, its stock climbed up 2.2%.
Will the Coalition Government move to address cost of living concerns?
In other markets, gold traded higher and oil dropped
In market news, all major US indices were in the red.
F&P Healthcare's share price has now given up all the gains made over the past two years.
There are a lot of negative headlines but we have been through these tough times before
The NZX 50 finished Tuesday's trading session up 0.2 per cent, closing at 12,204.7 points.
Investor and consumer confidence heading in different directions.
In market news all major US indices in the red, Moscow Stock Exchange is trading bonds.
OPINION: The world has much to do before it can move away from its reliance on oil.
The index finished the week with an impressive gain of nearly 3 per cent.
The sky-high cost of petrol is bad enough, but what if it wasn't there at any price?
It has 30 days to pay or faces a technical default on the foreign currency debt.
The announced return of international visitors lead to rises for the tourism sector.
In the US, the financial sector performed the best, rising 2.1 per cent.
The S&P/NZX 50 traded steadily in positive territory.
China lockdown could put more pressure on already-stressed supply chains.
US stocks fell again to begin the week.
The S&P/NZX 50 Index closed at 11,805.11.
The move could cause cryptocurrency to endure a fresh pummelling
And the New Zealand share market's price earnings ratio is back to where it was in 2018.
Some of the battered stocks made strong recoveries.