NZ Market report 23.11.23

      There was a modest firmness About the NZX market today as several lead stocks improved ground. The NZX50 rose 17.72 to 11,187.52. A buoyant tech sector helped lift spirits generally on the US market where the Dow Jones moved up 184.74 to...

NZ Market Report 22.11.23

Deals dropped dictated the state of affairs on the NZX market today, with the NZX50 index easing back by 538 to 11,169.80. Offshore the Dow rallied late in the session to close at 35,088.29 as market traders sought for an excuse to show disappointment at Fed minutes...

NZ Market Report 21.11.23

The NZ sharemarket marked time today mid-way through the mini report season. In the absence of any results reports today the main focus was on EBOS Group’s extended trading halt that began last Thursday after media speculation of interest in an Australian business...

NZ Market Report 20/11/23

The New Zealand sharemarket made a robust start to the trading week, adding 30.49 points at 11,267.46. However, gainers and decliners were fairly matched throughout the session; with retail stocks looking weaker in the face of a widespread Black Friday...

NZ Market Report 17.11.23

The NZ sharemarket drifted further South today, with the NZX50 dropping 53.90 points to 11,176.97. Overnight the Dow Jones also lost ground, falling 45.74 to 34,945.47. Mainfreight added 25c to $65.05 and Vulcan Steel advanced by 24c to $8.08, +3.05%. Colonial Motors...

NZ Market Report 16.11.23

The national sharemarket took a twist to the downside today as investors booked some gains.  By the close of the session this had taken the NZX50 121.97 points lower at 11,230.87 which seemed an overdone response to some better trading. Overnight the Wall Street...