Wellington, Oct 19 NZPA - The New Zealand sharemarket eased today as several smaller stocks slumped significantly, led by coal miner Pike River Coal's 11 percent decline after it again cut production forecasts.

Wellington, Oct 19 NZPA - Pike River Coal remains confident it will eventually meet production forecasts at its underground mine near Greymouth, but investors were not slow to show their disappointment after the company cut its forecast again today.

Wellington, Oct 19 NZPA - Shares of miner Pike River Coal took a hit after the company cut its production forecast.

Wellington, Oct 19 NZPA - The New Zealand sharemarket opened flat, although two companies took hits after releasing updates.

Wellington, Oct 14 NZPA - The New Zealand sharemarket started well and pushed on as world markets rallied and brokers talked of a building momentum.

Wellington, Oct 12 NZPA - The New Zealand sharemarket drifted lower today, in the absence of corporate news and clear leads from offshore markets.

Wellington, Oct 12 NZPA - The New Zealand sharemarket edged ahead in early trading this morning, with Pike River Coal adding to its gains of yesterday. Around 10.15am the benchmark NZX-50 index was up 3.28 points to 3238.17, after scrabbling up just 2.2 points yesterday.

Wellington, Oct 11 NZPA - The New Zealand sharemarket posted modest gains today with mining companies providing some of the few highlights.

Wellington, Oct 11 NZPA - The New Zealand sharemarket had a lacklustre start to the week, with little movement in stock prices in early trading.

Wellington, Oct 8 NZPA - The New Zealand sharemarket was little changed again today as markets around the world waited for key employment data in the United States.