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Four advisers leave ASB Securities

Four advisers leave ASB Securities
Wellington, June 21 NZPA - ASB Securities has farewelled four advisers as part of a restructuring of its business. The stock broker has previously said it was looking to discontinue its client advisory service, affecting six staff.

NZ sharemarket inches up during mixed session

NZ sharemarket inches up during mixed session
Wellington, June 15 NZPA - The New Zealand sharemarket failed to make much headway in light trading today, with very little company news to nudge stocks in either direction. The benchmark NZX-50 index closed up 1.2 points at 3043.9, a similar gain to yesterday's.

NZ sharemarket falls, reflecting weak offshore markets

NZ sharemarket falls, reflecting weak offshore markets
Wellington, June 2 NZPA - The New Zealand sharemarket was weaker today, reflecting weak offshore markets and a quiet corporate news day.

NZ sharemarket closes higher but off best session peak

NZ sharemarket closes higher but off best session peak
Wellington, May 28 NZPA - The New Zealand sharemarket started the day with a burst which fizzled out as the day progressed and a mixed bag of profit results were reported.

Telecom sets new low as sharemarket tumbles

Telecom sets new low as sharemarket tumbles
Wellington, May 25 NZPA - Telecom's share price plumbed new lows on low volume as a renewed rout of equity markets globally overwhelmed positive news like a hike in dairy co-operative Fonterra's payout for next year.

New Zealand's sharemarket decline less than Australia's

New Zealand's sharemarket decline less than Australia's
Wellington, May 17 NZPA - The New Zealand sharemarket weakened slightly while other markets in Asia tanked today as a wild ride by financial market on concern about sovereign debt in Europe resumed.

New Zealand sharemarket drifts lower in quiet trade

New Zealand sharemarket drifts lower in quiet trade
Wellington, May 12 NZPA - The New Zealand sharemarket drifted lower in quiet trading today as investors adopted a wait and see attitude to next week's government budget.

NZ sharemarket down on day of positive economic news

NZ sharemarket down on day of positive economic news
Wellington, May 6 NZPA - The New Zealand sharemarket's benchmark index fell to a near seven week low today as investors focused on the implications of the Greek debt crisis even though the economic news in New Zealand was positive.

Fletcher Building leads the way down on NZ market

Fletcher Building leads the way down on NZ market
Wellington, April 27 NZPA - The New Zealand sharemarket closed lower today as the only major positive piece of corporate news came from unlisted dairy co-operative Fonterra.

NZ sharemarket starts week with a gain

NZ sharemarket starts week with a gain
Wellington, April 26 NZPA - The New Zealand sharemarket ended higher but off its best levels as Asian markets rallied on strong US economic data and relief that Greece moved to seek help for its economy.

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