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NZ Sharemarket Follows Overseas Lead, Bouncing 1.6 Pct

Wellington, July 30 NZPA - The stock exchange followed the lead of overseas markets with a 1.6 percent bounce today. Top stock Telecom gained 9c, or 2.5 percent, to 368 as investors dragged the stock further up from a low of 325 a fortnight ago.

NZ Stocks Shed Some Gains But Better Than Overseas Markets

Wellington, July 25 NZPA - The New Zealand sharemarket gave up some of the gains from a storming performance on the previous two days, but closed looking far less sickly than its Australian counterpart.

New Zealand Sharemarket Closes Up Before Ocr Decision

By Kate Chapman of NZPA Wellington, July 23 NZPA - The New Zealand sharemarket closed up 1.84 percent tonight despite more finance company woes announced late afternoon and official cash rate news expected tomorrow.

NZ Sharemarket Higher In Thin Volume

By Pam Graham of NZPA Wellington, July 21 NZPA - The New Zealand sharemarket bounded higher on healthy volume today but the Australian market had more bounce in it.

NZ Market Turns Back On Earlier Losses To Gain Nearly 1 Percent

By Melanie Carroll of NZPA Wellington, July 18 NZPA - The sharemarket ended with a nearly 1 percent gain, in stark contrast with the start of the week and losses across the Tasman.

NZ Sharemarket Limps Into The Black After Volatile Week

By Melanie Carroll of NZPA Wellington, July 11 NZPA - The sharemarket managed to pull out of a 1 percent plunge today to a new three-year low, and nudged into the black at the end of a volatile week.

Earnings Jitters Send Shares Down 2pc

By Simon Louisson of NZPA Wellington, July 10 NZPA - Jitters about earnings here and on Wall Street sent shares tumbling 2 percent today.

NZ Sharemarket Rebounds 1 Percent As Blue Chips Rise

By Melanie Carroll of NZPA Wellington, July 8 NZPA - The sharemarket rebounded more than 1 percent today, despite the release of further gloomy economic data and falling markets in the United States and elsewhere.

NZ Sharemarket Dives To New Three-year Low

By Melanie Carroll of NZPA Wellington, July 3 NZPA - The sharemarket hit a fresh three-year low today, and a handful of blue chips sank to multi-year lows, after US markets spiralled downwards and selling spread across the globe.

NZ Shares Slide 2 Pct On Global Concerns, Warehouse Down

By Melanie Carroll of NZPA Wellington, June 27 NZPA - The sharemarket plunged to its lowest in more than two years, joining other markets in hefty declines after Wall Street set a negative tone.

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