NZ shares escape Wall St plunge blowback – Market close
The New Zealand sharemarket posted another small decline. Source: NZ Herald Business News
The New Zealand sharemarket posted another small decline. Source: NZ Herald Business News
Investors react warmly to improve earnings update. Source: NZ Herald Business News
Dairy processor's good day wasn't enough to help the sharemarket into positive territory. Source: NZ Herald Business News
But the local market is choppy on low liquidity and lack of specific corporate news. Source: NZ Herald Business News
Shares in the company rose $1.05 or 2.77% to $38.90, its second-highest close. Source: NZ Herald Business News
Volumes were steady with 22.9 million shares worth $98.56m changing hands. Source: NZ Herald Business News
Auckland airport, Tourism Holdings and Millennium and Copthorne Hotels NZ all rose. Source: NZ Herald Business News
The rise comes as latest data shows the economy is slowly recovering. Source: NZ Herald Business News
Kiwi company failed to get backing for continued US Medicare payments for its cancer test. Source: NZ Herald Business News
The decline comes after the index was up 11.4% in 2024. Source: NZ Herald Business News