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Fletcher Building

Horror Week On Sharemarket May Flush Out Bargain Hunters

By Simon Louisson of NZPA Wellington, June 20 NZPA - It seemed like a worse week than it actually was. Each day this week the NZSX-50 gross index fell and it sank to its lowest level in 28 months. However, the percentage fall for the week was only just over 3 percent.

NZ Sharemarket Falls For 7th Straight Session

Wellington, June 19 NZPA - The local sharemarket plumbed new 27 month lows today as it fell for the seventh straight session following another dire session on Wall Street.

Downward Pressure Too Much For Sharemarket

By Catherine Harris of NZPA Wellington, June 18 NZPA - The sharemarket could not resist selling pressure which pushed it to a fresh 27-month low today , but Fletcher Building continued to rally.

NZ Sharemarket Heads Down Again As Wall Street Drops Again

Wellington, June 18 NZPA - The sharemarket was again near a 27-month low today after Wall Street fell again.

Cheap Fletcher Building Rescues NZ Shares From 27-Month Low

By Melanie Carroll of NZPA Wellington, June 17 NZPA - The sharemarket recovered from a 27-month low today, boosted by investors keen to take advantage of Fletcher Building's plunge to a three-year low.

NZ Sharemarket Falls To 27-month Low As Bearish Factors Stack Up

By Simon Louisson of NZPA Wellington, June 17 NZPA - The sharemarket top 50 benchmark index today fell to its lowest level since March 2006 as bearish market factors piled into a stack.

NZ Sharemarket Zeroes In On 27-Month Low

Wellington, June 17 NZPA - The sharemarket eased a few points in early trading today to take the benchmark index within spitting distance of a 27-month low. The NZSX-50 index was down 6 points to 3400 at 10.20am, and was less than four points from the 27-month low.

Shares Drift Lower In `Punch-Drunk' Market

by Catherine Harris of NZPA Wellington, June 16 NZPA - The sharemarket snoozed today as investors adopted a wait-and-see approach to last week's market volatility.

Solid Start To Week For NZ Sharemarket

Wellington, June 16 NZPA - The New Zealand sharemarket made a solid start to the week, after getting close to lows hit two years ago on Friday. Helping the market up today were gains by leading companies Contact Energy and Fletcher Building.

Fletcher Building Pushes NZ Sharemarket Lower Again

By Melanie Carroll of NZPA Wellington, June 13 NZPA - The sharemarket hovered above levels not seen for two years, aided by Fletcher Building's slide to a three-year low today.

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