Wellington, Feb 22 NZPA - The New Zealand sharemarket followed on from yesterday's tumble to fall further in early trade, after oil prices charged to fresh 2-1/2 year highs as traders reacted to increasing violence in major producer Libya.
Wellington, Feb 21 NZPA - The New Zealand sharemarket was lower in early trading at the start of the week, with declines in key shares, and PGG Wrightson was down after a second possible bidder ruled itself out of the running for the company.
Wellington, Feb 18 NZPA - OceanaGold continued its rapid recent rise in early trading after yesterday announcing a 29 percent gain in revenue for the 2010 calendar year to $US305.6 million ($NZ402.8m).
Wellington, Feb 17 NZPA - The New Zealand sharemarket fell in early trade as key stock Telecom dropped 4c.
Wellington, Feb 16 NZPA - The New Zealand sharemarket fell in early trading as miner OceanaGold gave up some of the gain of almost 10 percent it made yesterday. OceanaGold shares opened down 8c to 367, having risen 33c yesterday after reporting an increase in its South Island reserves.
Wellington, Feb 11 NZPA - Telecom shares edged up after the company reported half year profit fell by about a third, and Guinness Peat Group gained after announcing it was about to start a sell down of its assets.
Wellington, Feb 10 NZPA - The New Zealand sharemarket fell early, with Mainfreight down 15c after reporting a 27 percent rise in nine-month net surplus before abnormals to $34.6 million.
Wellington, Feb 9 NZPA - The New Zealand sharemarket rose modestly today as investors waited for the corporate reporting season to gear up. Telecom, which reports half-year earnings on Friday, rose 3c to 221, while Freightways rose 2c to 328 ahead of its interim result on Monday.
Wellington, Feb 8 NZPA - The New Zealand sharemarket briefly edged up to a new 29-month high during the session today but ended with a touch of pessimism, as the market heads into the results season.
Wellington, Feb 7 NZPA - The New Zealand sharemarket started the week with a modest early gain, after stocks in the United States had their best week in about two months. Around 10.15am the benchmark NZX-50 index was up 2.15 points to 3369.97, after gaining 17.9 points on Friday.
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