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Telecom fall drags New Zealand sharemarket lower

Telecom fall drags New Zealand sharemarket lower
Wellington, Sept 9 NZPA - Telecom shares ended down 5.16 percent today after the company failed to get the first bite at the Government's ultra-fast broadband cherry and the fall proved a drag on the market as a whole.

NZ Sharemarket Starts The Week In Retreat

NZ Sharemarket Starts The Week In Retreat
Wellington, Feb 8 NZPA -The New Zealand sharemarket drifted lower today after receiving mixed signals from offshore and as investors wait for Telecom to report earnings on Friday.

Sharemarket Shrugs Off Flat Open To Close Higher

Sharemarket Shrugs Off Flat Open To Close Higher
Wellington, Dec 18 NZPA - The New Zealand sharemarket posted gains in thin trading today care of rises in selected leading shares, most notably Telecom and Contact Energy.

Allied Farmers Shares Fall In Day Of Contrasts On Sharemarket

Allied Farmers Shares Fall In Day Of Contrasts On Sharemarket
Wellington, Dec 17 NZPA - The price of Allied Farmers shares dropped like a stone when they resumed trading today while Nuplex and Hallenstein Glasson rose after expressing optimism about profit outlooks.

NZ Sharemarket Gives Up Early Gains To Close Lower

NZ Sharemarket Gives Up Early Gains To Close Lower
Wellington, Nov 17 NZPA - The New Zealand sharemarket gave up early gains to close lower on fairly light turnover. The benchmark NZSX-50 index closed down 42.452 points, or 1.338 percent, at 3131.515, having opened up around 15 points.

Alliance Bernstein Closing NZ Office

Alliance Bernstein Closing NZ Office
Wellington, Nov 17 NZPA - Funds manager Alliance Bernstein, which manages $4 billion in New Zealand client funds, is closing its operations based in this country and will service local clients out of Sydney and Melbourne.

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