
Stock Takes: High interest rates versus stocks
High interest rates are making their presence felt on NZ share prices.
High interest rates are making their presence felt on NZ share prices.
The S&P/NZX 50 Index traded steadily, closing slightly lower for the day.
With the US markets closed overnight for Labour Day, there were few offshore leads.
The New Zealand sharemarket finished the day higher after a late surge.
OPINION: Mark Lister says August is typically one of the weaker months for US shares.
The US-based chief executive says she's made hard choices already.
But the firm still faces issues in the infant formula market in China.
Synlait and a2 Milk also took a hit on weaker dairy prices.
Reporting season is set to serve up a few interesting earning results.
The sharemarket fell after a weak Wall Street over the weekend.
The New Zealand sharemarket shrugged off weak offshore bourses.
One political party has a rather blunt take.
The S&P/NZX 50 Index had its best close in 10 weeks.
If artificial intelligence takes your job, the Government could pay you an income purely for being human - that’s the future this economist expects as tech companies talk up AI in this week’s earnings. Video / NZ Herald
There is a plan to take over some or all of the glass processor.
The NZSA has questioned the timeliness of PGW's disclosure.
Meanwhile, the index had a muted response to the hold on the official cash rate.
Fisher Funds' Ashley Gardyne weighs in on how markets have performed.
Council's compromise might have just delivered Aucklanders the worst of two worlds.
Plus: Michael Wood's mixed bag of shares, and life after Marsden Point.
Sales are up on an annual basis, Stats NZ data for the March quarter shows.
Pacific Edge faces a big drop in revenue.
Building product supplier Metro Performance Glass is seeing demand slow and expects it to get worse. Plus, bio-tech company Pacific Edge is awaiting a decision over its Medicare cover.
The chairman of KFC & Carl's Jr. parent, Restaurant Brands, says he worries about obesity but the company's future is 'very bright'.
Milford's deputy chief investment officer is keen to look at buying more New Zealand company shares now rate increases have likely peaked. Plus, could this ChatGPT tool help you make better investments? Video / NZ Herald
My Food Bag's chief executive is 'very mindful' of its share price falling 88 per cent since listing, and is laser-focused on returning it to growth. Video / NZ Herald
Trade was dominated by Pushpay as it disappeared from the NZX main board.
NZ Herald Business Editor at Large Liam Dann talks to Westpac's new chief economist Kelly Eckhold about inflation woes globally and in Aotearoa. Video / NZ Herald
We should be paying at least twice as much, Freightways CEO says.
This Aussie fund manager is shorting speculation on the ASX stocks.