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NZ Sharemarket Gives Up Gains To Close Down

NZ Sharemarket Gives Up Gains To Close Down
Wellington, Oct 24 NZPA - The New Zealand sharemarket gave up early gains to close down and turnover was extremely light ahead of the long holiday weekend. The benchmark NZSX-50 index closed down 28.793 points, or 1.026 percent, at 2778.546. Turnover was worth just $51.59 million.

NZ Sharemarket Plunges Again

NZ Sharemarket Plunges Again
Wellington, Oct 23 NZPA - The New Zealand sharemarket plunged again today, even after the Reserve Bank of New Zealand cut the official cash rate by a full percentage point to 6.5 percent.

Tauranga Expects Container Terminal Offer From Auckland

Wellington, Oct 23 NZPA - Port of Tauranga is expecting an offer for its container terminal from Ports of Auckland.

NZ Sharemarket Slides Following US Lead

Wellington, Oct 22 NZPA - The New Zealand sharemarket slid again today after falls in United States equities on fears of a global recession and a rash of disappointing earnings.

NZ Shares Gain Another 2 Percent As Relief Rally Continues

Wellington, Oct 21 NZPA - New Zealand shares rose another 2 percent today, adding to yesterday's strong gains as they followed other markets higher.

NZ Sharemarket Rises Amid Mixed Offshore Signals

NZ Sharemarket Rises Amid Mixed Offshore Signals
Wellington, Oct 20 NZPA - Shares posted healthy gains today ahead of an expected large interest rate cut by the Reserve Bank of New Zealand this week.

NZ Shares Close Up Nearly 6 Pct As Investor Confidence Returns

By Melanie Carroll of NZPA Wellington, Oct 14 NZPA - The sharemarket gave up some of its early gains but still managed to close up 6 percent, as investors flocked back to the sharemarket.

NZX Down 0.8pct Early, Despite Weekend Of Global Crisis Meetings

Wellington, Oct 13 NZPA - Despite a weekend of international financial crisis talks, New Zealand investors appear to have remained despondent with the sharemarket losing more ground in early trade.

New Zealand Sharemarket Down But Not Out

Wellington, Oct 9 NZPA - The New Zealand sharemarket took a small step lower today, even as The Warehouse removed an impediment to takeover activity. The emergence of a potential corporate situation did little to shift the focus from the market's awful global backdrop.

New Zealand Sharemarket Down Slightly On Open

Wellington, Oct 9 NZPA - The New Zealand sharemarket was slightly lower again on open today as a simultaneous interest rate cut by world central banks failed to relieve pressure on international markets.

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