Market News
MARKET CLOSE: NZ Shares fall, led by Air NZ and SkyCity
Written by Jason Krupp   
Wednesday, 08 September 2010

(BusinessDesk) – New Zealand shares ended a five day winning streak as a combination of global uncertainty and the fallout from the Christchurch earthquake kept investors on the sidelines. Air New Zealand Ltd. and SkyCity Entertainment Group led the bourse lower after the stocks went ex-dividend.

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MARKET CLOSE: NZ stocks fall amid fears over global recovery, MHI gains
Written by Jason Krupp   
Wednesday, 25 August 2010

(BusinessDesk) – New Zealand stocks fell for the first time in three sessions, as Australian banks ANZ Banking Group and Westpac Banking Corp. led the index lower amid heightened fears over a double-dip recession in the U.S.

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MARKET CLOSE: NZ stocks rise as corporate earnings hit forecasts
Written by Jason Krupp   
Thursday, 19 August 2010

(BusinessDesk) – New Zealand stocks rose as corporate earnings were largely in line with market expectations, with Mainfreight Ltd. leading the way higher as its first-quarter profit surged.

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MARKET CLOSE: NZ stocks rise as Fletcher Building returns to profit
Written by Jason Krupp   
Wednesday, 18 August 2010

(BusinessDesk) – New Zealand stocks rose for the third time in four sessions, as Fletcher Building Ltd., the largest company on the exchange, returned to profit and raised its dividend, leading gains on the day.

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Stocks to watch: AFF, ANZ, BRG, FBU, NZR, NZX, SKC
Written by BusinessDesk   
Wednesday, 18 August 2010

(BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified.

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