There have been a number of recent comments that the NZ sharemarket is overvalued, just as it was in the mid-1980s, writes Brian Gaynor.

French food giant Danone has entered an agreement to buy New Zealand dairy processing firms Sutton Group and Gardians.

According to the NZX, there is a gap in our capital markets infrastructure that hampers small and mid-sized companies' abilities to raise capital.

NZ Stocks rose led by Pacific Edge as investors re-evaluate prices of tech stocks after the recent a sell-off in the sector worldwide.

New Zealand shares followed Wall Street lower as investors question whether tech and high-growth companies can deliver the earnings growth implied by their valuations. Pacific Edge led the NZX 50 Index lower, while Xero and Diligent Board Member Services