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NZ Sharemarket Pushed Lower Again But Some Support From Locals

NZ Sharemarket Pushed Lower Again But Some Support From Locals
Wellington, May 12 NZPA - The sharemarket closed lower for a second consecutive session, although local investors' reluctance to indulge in profit-taking provided some support for the market.

NZ Sharemarket Keeps Rising

NZ Sharemarket Keeps Rising
Wellington, May 11 NZPA - The New Zealand sharemarket started trading with a lift as the benchmark NZSX-50 index stretches towards the 2900 level last seen in late October.

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.

Telstra Wins Service Deal With CBA

Telstra Wins Service Deal With CBA
Wellington, April 22 NZPA - Commonwealth Bank of Australia Ltd (CBA), the Australian bank run by New Zealander Ralph Norris, has awarded a 10-year contract worth up to $A100 ($NZ128.36) million per year to Telstra.

NZ Sharemarket Jumps 1 Percent On Broad Gains

NZ Sharemarket Jumps 1 Percent On Broad Gains
Wellington, April 14 NZPA - The New Zealand sharemarket closed more than 1 percent higher today as it returned to work after the Easter break.

NZ Shares Decline Across The Board, Wipe Out Gains

NZ Shares Decline Across The Board, Wipe Out Gains
Wellington, April 7 NZPA - A modest gain by Telecom was unable to stop the sharemarket from wiping out yesterday's gains, as stocks declined across the board following hefty losses in other markets.

Xero Raises $23.2m From Key Strategic Investors

Xero Raises $23.2m From Key Strategic Investors
Wellington, April 7 NZPA - Online accounting software company Xero raised $23.2 million, with the company saying the money came from strategic investors who could add value to its growth strategies.

Vodafone Says Mobile Savings Won't Be Passed On To Customer

Vodafone Says Mobile Savings Won't Be Passed On To Customer
Wellington, March 26 NZPA - Vodafone has joined Telecom in criticising the Commerce Commission's call for drastic reductions in mobile termination rates, saying cutting rates will not necessarily mean savings will be passed on to customers.

NZ Share Market `Muted'

NZ Share Market `Muted'
Wellington, March 25 NZPA - The New Zealand sharemarket meandered along today, moving lower despite some of the newsmakers in recent months making ground. The NZSX-50 index was down 5 points, or 0.19 percent, to 2630.326 when it closed at 5pm today.

NZ Sharemarket Slumps Further Into 5 Year Low

NZ Sharemarket Slumps Further Into 5 Year Low
Wellington, Feb 24 NZPA - The New Zealand sharemarket slid further today, showing no sign of wanting to rise from its five year low.

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