Jarden Brief: ANZ s staggering prediction on house prices in Australia nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Market close: Wall St s milestone fails to ignite NZ sharemarket
11 Mar, 2021 04:34 AM
4 minutes to read
The S&P/NZX 50 Index finished up 20.58 points or 0.17 per cent to 12,272.48. Photo / File
NZ Herald
By: Graham Skellern
The milestone on Wall Street, with the Dow Jones index breaking through the 32,000 points mark for the first time, failed to ignite or excite the New Zealand sharemarket which simply drifted on steady trading.
The Dow Jones was up nearly 1.5 per cent to a new all-time high after the US$1.9 trillion ($2.63t) economic stimulus package was passed by Congress.
But the S&P/NZX 50 Index meandered along, finishing up 20.58 points or 0.17 per cent to 12,272.48 after reaching an intraday low of 12,221.37 and high of 12,.323.25. There were 77 gainers and 64 decliners over the whole market on volume of 51.15 million share transactions worth $177.68 million.
Market close: NZ sharemarket rises on interest rates fall, travel bubble hopes nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Market review: The winners and losers in 2020
28 Dec, 2020 02:02 AM
5 minutes to read
The gap between the winners and losers was bigger than usual as Covid badly affected some stocks and benefited others. Photo / Getty Images
NZ Herald
By: Graham Skellern
In the year of Covid-19, the New Zealand sharemarket has staged a resilient and almost out-of-this-world performance, with a solid group of stocks reaching new highs. When the S&P/NZX 50 Index increased 17.73 points or 0.14 per cent to a record 13,037.94 last Thursday – its third successive day of rises – before closing for the Christmas break, the index had risen 13 per cent for the year.