The New Zealand sharemarket bounced back with a gain of more than half a per cent, helped by a recovery in Fletcher Building and a sharp rise from utilities.
The New Zealand sharemarket was rattled by the suggestion by ANZ the Reserve Bank could still hike the official cash rate (OCR) twice this year. The S&P/NZX.
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.
The sharemarket is bracing itself for what is looking like one of the worst December earnings seasons on record. Brokers Forsyth Barr expects to see a median.
The New Zealand sharemarket gave back more than half of the previous day’s gains as investors once again worried about the future path of interest rates and.