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NZ Shares Surge Nearly 2 Percent, Telecom Hits Seven-Mth High

NZ Shares Surge Nearly 2 Percent, Telecom Hits Seven-Mth High
Wellington, May 5 NZPA - The sharemarket's benchmark top-50 index closed above the 2800-point level for the first time since November 2008, pulling away from recent five-year lows.

NZ Sharemarket Gets Boost From The United States

NZ Sharemarket Gets Boost From The United States
Wellington, March 19 NZPA - The New Zealand sharemarket strengthened today after Wall Street took heart from new Federal Reserve moves to resuscitate the ailing United States economy.

NZ Shares Drift Down 0.7 Percent On Sickly Turnover

NZ Shares Drift Down 0.7 Percent On Sickly Turnover
Wellington, Dec 23 NZPA - Sizeable falls among the blue chip stocks weighed on the sharemarket today, with some moderate gains for second-tier stocks unable to lift the mood.

NZ Shares Close Up 0.9 Percent, Some Early Gains Eroded

NZ Shares Close Up 0.9 Percent, Some Early Gains Eroded
Wellington, Dec 9 NZPA - The sharemarket gave up some of its earlier gains as it felt the pressure from a weaker Australian market, but still managed to close up 0.9 percent.

NZ Shares Gain Another 2 Percent As Relief Rally Continues

Wellington, Oct 21 NZPA - New Zealand shares rose another 2 percent today, adding to yesterday's strong gains as they followed other markets higher.

NZ Shares Recover To Be Down 3 Percent

Wellington, Sept 30 NZPA - The New Zealand sharemarket's 3-percent tumble today was an improvement on earlier losses of over 4 percent, sparked by the shock rejection of a planned $US700 billion ($NZ1.05 trillion) bailout in the US.

NZ Sharemarket Pulls Up From Nosedive

Wellington, June 13 NZPA - The sharemarket pulled up in early trading today from near lows not seen for over two years.

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