Wellington, Sept 10 NZPA - The New Zealand sharemarket today outperformed offshore markets spooked by a 45 percent fall in the share price of the fourth biggest US investment bank.
Wellington, Sept 10 NZPA - The New Zealand dollar rose against the Australian dollar on a day that another wave of risk aversion swept through global markets. The NZ dollar was at A82.98c at 5pm, up from A82.40c at 5pm yesterday. Around 8am it was at four-month highs at A83.27c.
Wellington, Sept 10 NZPA - The New Zealand sharemarket opened sharply lower after stocks plunged in the United States as concerns were reignited about the broader US financial sector.
Wellington, Sept 3 NZPA - The New Zealand dollar fell down the proverbial elevator shaft today, shedding nearly two United States cents since yesterday's close. A bout of selling hit the currency in late afternoon trading when it had already been eroded by strength in the US dollar.
Wellington, Sept 3 NZPA - The New Zealand dollar overnight recovered about half of the 1.3c it lost to the greenback yesterday evening.
Wellington, Sept 2 NZPA - The sharemarket held on to some of its gains in a quietly positive session, as stocks rose across the board. The benchmark NZSX-50 index closed up 9.55 points at 3367.3, having gained 4.5 points yesterday. Turnover was just $50.5 million.
Wellington, Sept 2 NZPA - The New Zealand dollar remained stuck below US70c today, and eased against the Australian dollar despite a Reserve Bank of Australia interest rate cut.
Wellington, Sept 2 NZPA - The New Zealand dollar was unable to climb above US70c overnight as the greenback, boosted by a sharp fall in oil prices, rose to its highest this year against a basket of major currencies.
Wellington, Aug 29 NZPA - The New Zealand share market closed higher today, led by rises in leading stocks after US stocks rose sharply. The benchmark NZSX-50 index closed up 28.447 points at 3353.243. There were 63 rises and 36 falls. Turnover was worth $87.95 million.
Wellington, Aug 29 NZPA - The New Zealand sharemarket started the day firmly, with Fletcher Building gaining 10c early as it continues to climb away from last month's lows.
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