NZ sharemarket posts gains in quiet trading

10 Mar 2010 18:18NZPA

The New Zealand sharemarket rose today, following a decline yesterday after nine consecutive days of gains.

"It was a good performance by the local market considering there were flat performances offshore," said Grant Williamson, director at Hamilton, Hindin Greene.

The benchmark NZX-50 index closed up 12.985 points, or 0.404 percent, at 3226.192. Market turnover was worth $75.89 million. There were 50 rises and 28 falls among the 112 stocks traded.

There were few features in trading and few corporate situations to focus on. The New Zealand Dollar rose today ahead of the Reserve Bank of New Zealand monetary policy statement tomorrow.

Telecom gained 3c to 224, and Fletcher Building rose 3c to 813, helping the index higher.

 more...
Latest News

NZ dollar rises ahead of monetary policy statement

10 Mar 2010 17:28NZPA
The New Zealand dollar rose today as traders squared up positions ahead of tomorrow's monetary policy statement by the Reserve Bank of New Zealand. more...

Survey shows false sense of KiwiSaver security

10 Mar 2010 10:58NZPA
A new survey shows many KiwiSaver members have a false sense of security about their investments, research company UMR says. more...

Early rise for NZ sharemarket

10 Mar 2010 10:54NZPA
The New Zealand sharemarket rose early today, following a decline yesterday after nine consecutive days of gains. more...

Wholesale funding guarantee ends

10 Mar 2010 09:42NZPA
The Government is to close New Zealand's wholesale funding guarantee on April 30, Finance Minister Bill English says. more...

NZ dollar regains lost ground

10 Mar 2010 09:08NZPA
The New Zealand dollar regained lost ground against the greenback and strengthened against the euro, as the European currency declined on concerns peripheral euro zone economies could face debt problems similar to those of Greece. more...

NZ shares drift lower, snap winning streak

09 Mar 2010 17:58NZPA
The New Zealand sharemarket eased today, turning its back on nine consecutive days of gains despite the release of positive results from two of the smaller companies. more...

Kiwi gives up early gains as risk appetite eases

09 Mar 2010 17:46NZPA
The New Zealand dollar gave up earlier gains to close unchanged today, remaining firmly within the range travelled in recent weeks as the global appetite for risk eased. more...

NZX expects to derive profit from new products

09 Mar 2010 15:32NZPA
Stock exchange operator NZX is planning to launch a series of derivatives products starting this year, expected to boost profit and expand its business. more...

Kiwi consumers dour about spending - survey

09 Mar 2010 15:28NZPA
New Zealand consumers are pretty negative about their current economic circumstances, but at least feel more positive than their counterparts in the United States, according to a survey today. more...
Most Viewed Stories
Advanced Search
Enter the Symbol or any part of the name:
Search for:
 
NZSX 50
Most Viewed Symbols
CodeLastVolumeChange
SCY0.35001,4000.00000.00
ALF0.07601,454,4140.00101.33
NZ503,2260130.40
TEL2.2407,492,7360.0301.36
PRC0.9300187,7630.02002.20
FPA0.6400758,4720.00000.00
AIA1.930765,4030.0000.00
NZO1.590141,7810.0100.63
CEN6.09071,6270.0600.98
FPH3.3102,195,3710.0200.61
Users
Registered 78,948
Online 1,305
Portfolios 32,786
Add to my Bookmarks
Set as Homepage
Log In

Email:
Password:
 
Remember Me
Forgot your password?
Global Indices
NZ503,22613
XAO4,82910
COMP2,3418
DJI10,56412
SP5001,1402
DAX5,88610
FTSE5,6024
NI22510,5714