Watch 6PM Bulletin
Sat 9:30am / Sun 10am
A2 Milk extended its rally on a record Tuesday for the NZX 50 as the index rose to 23.65 points, with turnover of $191 million.
Equity markets across Asia and the Pacific fell as the terror attacks in Paris sent investors in search of safe assets such as gold and the yen.
Blue chip stocks rose as offshore investors looking for yield were lured to the local market, with the S&P/NZX 50 Index reaching 6021.
A 12-day run of gains came to a close, as the NZX 50 Index slipped from Tuesday's record close.
Erasing the memories of a horrendous third quarter, the S&P 500 has climbed by 2.07 percent, moving back into positive territory for this year.
A decline in the kiwi dollar has boosted sentiment for export-based stocks, with Sky TV the big loser on the back of an expected fall in profit.
Positivity over the local economy and upbeat sentiment for New Zealand equities has seen local shares rise, with Diligent Corp the leader of the pack.
A rebound in dairy prices, rising house prices and a low dollar has propelled the S&P/NZX 50 Index to its highest in more than two months.
Fisher & Paykel has led the benchmark S&P/NZX 50 Index higher as bargain hunters sought oversold stocks.
The S&P/NZX 50 Index has closed 0.2 percent higher, although 15 rising stocks were outnumbered by 26 fallers.
The S&P/NZX 50 Index has closed 0.3 percent lower, but is still ahead for the week as volatility remains in the market.
The Trans Pacific Partnership deal and Federal Reserve delaying interest rate rises have given some confidence to NZ sharemarket investors.
Xero shares have closed nearly 4 percent higher, as it implements price increases in the New Zealand market.
The S&P/NZX 50 Index has closed 0.7 percent lower, amid renewed concerns about the Chinese economy and as some stocks shed rights to their dividends.
Volkswagen shares have plunged as investigations spread into its thwarting of pollution controls, but European markets have risen on hopes Greece may follow austerity reforms following the government's re-election.
The S&P/NZX 50 Index has closed 1.1 percent higher after what was described as a "risk on" day for the New Zealand bourse.
It looks almost certain that the Reserve Bank will cut the official cash rate tomorrow.
Advertise with us |
Copyright © 2015 MediaWorks TV. All Rights Reserved.