A new long-term deal supplying power to the Tiwai Point aluminium smelter boosted the leading energy stocks and drove the New Zealand sharemarket to one of.
The New Zealand sharemarket tumbled one per cent to a near-low for the year, triggered by a sell-off in leading stocks and not the tax-friendly Budget. The.
Technology firm Vista Group dominated the trading and price movements, rising 14 per cent, after gaining a new majority shareholder on an otherwise quiet day.
The New Zealand sharemarket fell sharply and then recovered its nerve after the Reserve Bank dashed hopes of an early cut to interest rates. The S&P/NZX 50.
A surging Gentrack gave the New Zealand sharemarket and the company reporting season a positive tone with strong revenue growth and an earnings upgrade..