The New Zealand sharemarket doesn’t like unexpected surprises and it got another one with the resignation of long-time Skellerup Holdings chief executive.
The New Zealand sharemarket went against offshore trends and fell more than a half per cent, dragged down by a clump of blue-chip stocks. The S&P/NZX 50.
Heavyweight Fisher & Paykel Healthcare had a strong rise and led the New Zealand sharemarket to its highest level in nearly six months. The S&P/NZX 50 Index.
Manuka honey producer Comvita plunged to a 12-year low on the New Zealand sharemarket with an earnings downgrade and SkyCity Entertainment was on the rise.
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more