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First NZ Capital

NZ Sharemarket Rises In Thin Trade

NZ Sharemarket Rises In Thin Trade
Wellington, Nov 5 NZPA - The New Zealand sharemarket rose today along with offshore markets but trading volume remained thin ahead of the local election this weekend.

NZ Shares End In The Red After Quiet Session

NZ Shares End In The Red After Quiet Session
Wellington, Nov 4 NZPA - The sharemarket turned its back on this morning's small gain, ending in the red after a quiet session. The benchmark NZSX-50 index closed down 12.35 points, or 0.4 percent, at 2844.31.

NZ Sharemarket Down In Global Rout

Wellington, Oct 16 NZPA - The New Zealand sharemarket slumped 4.818 percent today, after United States equities had their worst day since the 1987 crash. The benchmark NZSX-50 index closed down 139.954 points at 2764.688. Turnover was worth $99.84 million.

Markets Pounded Again

Wellington, Oct 16 Reuters - The New Zealand sharemarket fell 4.818 percent today as markets around the world were again in turmoil in the wake of another rout on Wall Street.

Jason Wong Steps To The Buy Side

Wellington, Oct 8 NZPA - Jason Wong, director of economics and strategy at First NZ Capital, is moving to the "buy side" of capital markets with his appointment today as head of investment strategy at AMP Capital Investors.

NZ Sharemarket Soars Nearly 100 Points

Wellington, Oct 1 NZPA - The New Zealand stock market soared today as much as it plunged yesterday and more volatile trading is in prospect until the US beds down a solution to its financial crisis.

Taupo Group Has A Plan To Improve Capital Markets

Wellington, Sept 25 NZPA - A group of business people met in Taupo mid year to discuss what could be done to improve the capital markets that generate wealth in New Zealand.

Bears Still At Play In NZ Sharemarket

By Pam Graham of NZPA Wellington, Sept 18 NZPA - There are still "bears" calling the New Zealand sharemarket lower even though it has fallen a long way. But others say the lesson of history is that bear markets turn.

NZ Shares Take Biggest Dive In Six Years But Outlook Hopeful

Wellington, Sept 16 NZPA - New Zealand shares and the dollar slumped after upheaval in world markets dented investor confidence, sparked by "the equivalent of a nuclear explosion" in the finance industry.

`Significant' Interest In Matariki Forests

Wellington, Sept 10 NZPA - The sale of Matariki Forests 140,000ha of radiata pine is reported to be attracting significant interest.

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