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Fletcher Building

NZ Sharemarket Follows US, Europe Down

NZ Sharemarket Follows US, Europe Down
Wellington, Jan 22 NZPA - An 8 percent rise in Nuplex stocks, following a profit upgrade after the market closed yesterday, could not prevent the New Zealand sharemarket tumbling in early trading, in the wake of falling share prices in the United States and Europe.

Property Listings Hurt By Tax Speculation

Property Listings Hurt By Tax Speculation
Wellington, Jan 21 NZPA - The prices of listed property trust fell today after the Tax Working Group yesterday recommended the Government consider a land tax and removal of depreciation allowances on buildings.

NZ Sharemarket Claws Way Back Up After Early Dip

NZ Sharemarket Claws Way Back Up After Early Dip
Wellington, Jan 21 NZPA - The New Zealand sharemarket started the day with a dip but within a few minutes had clawed its way back to even, as Fletcher Building turned positive from an early deficit.

NZ Sharemarket Ends Little Changed

NZ Sharemarket Ends Little Changed
Wellington, Jan 20 NZPA - There was a lot going on today for sharemarket investors to absorb in terms of the economic agenda in New Zealand and they generally adopted a wait and see attitude to it.

NZ Sharemarket Edges Ahead Early

NZ Sharemarket Edges Ahead Early
Wellington, Jan 20 NZPA - Solid gains on United States and European stock markets appeared to make little early impression on the New Zealand sharemarket which managed to just edge ahead in the first few minutes after opening.

NZ Sharemarket Falls In Quiet Trading

NZ Sharemarket Falls In Quiet Trading
Wellington, Jan 19 NZPA - The New Zealand sharemarket fell today as investors continued to take profits and trim positions ahead of the corporate reporting season.

NZ Sharemarket Falls Early

NZ Sharemarket Falls Early
Wellington, Jan 19 NZPA - The New Zealand sharemarket fell in early trading, with markets in the United States closed for a national holiday and despite advances by European shares.

NZ Sharemarket Starts Week In Negative Territory

NZ Sharemarket Starts Week In Negative Territory
Wellington, Jan 18 NZPA - The New Zealand sharemarket's new year rally took another knock today following on from a weak United States market performance on Friday and ahead of some key economic data in New Zealand this week.

NZ Sharemarket Falls Early

NZ Sharemarket Falls Early
Wellington, Jan 18 NZPA - The New Zealand sharemarket fell when it started trading for the week, after stocks slid in the United States on Friday (local time) following a report from bank JPMorgan Chase & Co of deep fourth-quarter loan losses.

New Zealand Sharemarket Eases On Profit-Taking

New Zealand Sharemarket Eases On Profit-Taking
Wellington, Jan 15 NZPA - The New Zealand sharemarket eased today mostly due to profit-taking in leading shares. The downward move gained momentum as the session progressed and also reflected weakness in the Australian sharemarket.

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