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NZ Sharemarket Keeps Rising After Reserve Bank Holds OCR

NZ Sharemarket Keeps Rising After Reserve Bank Holds OCR
Wellington, Sept 10 NZPA - The New Zealand sharemarket held its gains from early trade after Reserve Bank Governor Alan Bollard left the official cash rate (OCR) unchanged, and improved on them in the afternoon instead of tailing off.

NZ Sharemarket Ends Week On Positive Note

NZ Sharemarket Ends Week On Positive Note
Wellington, Aug 28 NZPA - The New Zealand sharemarket lifted today even though the news was not always good from corporates on the last day of the June 30 balance date reporting season.

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc
Wellington, Aug 27 NZPA - Rural services company PGG Wrightson says it may need new capital after posting a net loss of $66.4 million for the year to June 30, down 190.8 percent on its profit of $73.2m last year.

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc

Wrightson Eye New Cornerstone Shareholder As Earnings Drop 190pc
Wellington, Aug 27 NZPA - Rural services company PGG Wrightson says it may need new capital after posting a net loss of $66.4 million for the year to June 30, down 190.8 percent on its profit of $73.2m last year.

NZ Sharemarket Retreats, NZ Refining Falls On Interim Report

NZ Sharemarket Retreats, NZ Refining Falls On Interim Report
Wellington, Aug 18 NZPA - The New Zealand sharemarket weakened today but brokers said it was a resilient performance after sharp falls by global stocks.

Matariki Forests Withdrawn From Sale

Wellington, July 31 NZPA - New Zealand's third-largest forest estate, Matariki Forests, has been withdrawn from sale, apparently because buyers had difficulty with funding. The sale created uncertainty for 90 people employed directly and a contractor workforce of 1200 people.

NZ Sharemarket Posts Strong Gains On Good Volume

NZ Sharemarket Posts Strong Gains On Good Volume
Wellington, July 24 NZPA - The New Zealand sharemarket leapt ahead today, following a surge by stocks in the United States on strong corporate profits and rebounding home sales.

NZ Sharemarket Slips After Reserve Bank Holds OCR At 2.5 Pct

NZ Sharemarket Slips After Reserve Bank Holds OCR At 2.5 Pct
Wellington, June 11 NZPA - The sharemarket slipped on a day in which there was a tightening of monetary conditions even though the Reserve Bank of New Zealand left the official cash rate unchanged at 2.5 percent.

NZ Shares Notch Up Slim Gain On Firmer Telecom

NZ Shares Notch Up Slim Gain On Firmer Telecom
Wellington, June 9 NZPA - The sharemarket managed a small gain today on the back of a nearly 2-percent rise for top stock Telecom. The benchmark NZSX-50 index closed up 0.2 percent, or 5.8 points, at 2822.40, in contrast to its 18-point loss yesterday. Turnover was just $62.2 million.

NZ Sharemarket Falls But Demonstrates Resilience

NZ Sharemarket Falls But Demonstrates Resilience
Wellington, June 4 NZPA - The New Zealand sharemarket fell today but outperformed other markets in Asia care of gains by market leader Fletcher Building and others.

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