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Market close: NZ sharemarket falls as investors grow pensive over inflation 12 May, 2021 05:38 AM 3 minutes to read Shares in Napier Port ended weaker. Photo / Hawke s Bay Today New Zealand share prices ended weaker on light volume as investors grew pensive about the prospects of inflation and rising bond yields here and around the world. The S&P/NZX50 index finished at 12,564.21, down 75.85 points, or 0.6 per cent, on volume of 55.64 million shares, worth $201.98 million. There were 96 falls and 51 rises. Most of the big name stocks were weaker as concerns about US inflation took hold after US year treasury yields gained for the third day in a row. Local 10-year bond yields were at 1.81 per cent, the upper end of their recent 1.6 to 1.9 per cent band. ....
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Market close: NZ sharemarket falls as investors digest economic data 5 May, 2021 05:38 AM 4 minutes to read ANZ New Zealand reported half-year profit increased 18 per cent to $930m. Photo / 123RF NZ Herald By: Graham Skellern Investors stepped back to digest a flow of economic data and what it means as the New Zealand sharemarket fell half a per cent after two days of rises. The S&P/NZX 50 Index was down 63.88 points or 0.49 per cent to 12,848.31 in rocky trading, after hitting an intraday low of 12,759.14 and high of 12,912.19. There were 61 gainers and 70 decliners over the whole market, with 61.7 million shares worth $232.49 million changing hands. ....