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Pike River Coal

NZ sharemarket starts week with a flat performance

NZ sharemarket starts week with a flat performance
Wellington, April 12 NZPA - The New Zealand sharemarket was little changed today even though Wall Street had a strong finish on Friday. Risk appetite dissipated on markets after eurozone nations agreed on Sunday to offer loans to Greece if it asked for the money.

NZ sharemarket little changed, lines in selected stocks

NZ sharemarket little changed, lines in selected stocks
Wellington, April 9 NZPA - The New Zealand sharemarket ended little changed today but selected stocks continued to advance and brokers noted lines of stock trading in Michael Hill and Pyne Gould Corp.

NZ sharemarket edges up early

NZ sharemarket edges up early
Wellington, April 9 NZPA - The New Zealand sharemarket edged ahead in early trading with Pike River Coal advancing again, to a five-month high.

NZ sharemarket falls away from high

NZ sharemarket falls away from high
Wellington, April 8 NZPA - The New Zealand sharemarket fell away today from an 18-month high reached yesterday, with market heavyweights Fletcher Building and Contact Energy both retreating from multi-month peaks.

Leaders carry NZ's benchmark index to 18 month high

Leaders carry NZ's benchmark index to 18 month high
Wellington, April 7 NZPA - The New Zealand sharemarket rose to a more than 18 month high today care of solid gains in leaders Fletcher Building and Contact Energy and rises in an array of other stocks.

Infratil rises after Shell acquisition, market gains

Infratil rises after Shell acquisition, market gains
Wellington, March 29 NZPA - Shares in infrastructure investor Infratil rose 3c to 168 today on news the company, in a 50/50 consortium with the New Zealand Superannuation fund, has finalised the purchase of Shell New Zealand's downstream assets.

New Zealand sharemarket ends little changed

New Zealand sharemarket ends little changed
Wellington, March 26 NZPA - The New Zealand sharemarket ended little changed, with retailer Hallenstein Glasson retreating further, despite reporting a profit surge yesterday.

NZ sharemarket rises slightly, Telecom rallies off low

NZ sharemarket rises slightly, Telecom rallies off low
Wellington, March 22 NZPA - The New Zealand sharemarket managed a small rally today when other markets were weak mostly due to strength in Telecom and Fletcher Building.

Business welcomes mining plan, coal identified low quality

Business welcomes mining plan, coal identified low quality
Wellington, March 22 NZPA - State-owned Solid Energy said coal in the Inangahua sector of Paparoa National Park identified by the Government today for potential mining would almost certainly be destined for use in the domestic market.

New Zealand Sharemarket Posts Modest Gain

New Zealand Sharemarket Posts Modest Gain
Wellington, March 8 NZPA - Surging share prices in the United States on Friday translated into only a minor gain on the New Zealand sharemarket today.