NZ markets news

NZX 50 rises to record on upbeat day
A better-than-expected full-year earnings from Fisher & Paykel Healthcare added to upbeat sentiment for the local market to end the week on a high.
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Mainfreight earnings helps NZ shares rise
Air New Zealand was the best performer on the NZX 50, rebounding from its 18-month low on Wednesday, while Mainfreight posted stronger full-year earnings.
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NZ shares rise after Sky announcement
The S&P/NZX 50 Index gained on turnover of $189.4 million, with Sky TV, Orion Health and Xero leading the charge, while Tower extended its slide.
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Tower tumbles, takes local shares with it
Shares on the S&P/NZX 50 fell after insurer Tower reported a wider full-year loss of nearly $9 million while Air NZ fell to an 18-month low.
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NZ stocks mixed as results digested
Local shares had a mixed start to the trading week as the market digested results posted by companies with a March 31 balance date.
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Sky finishes week on welcome news
Sky TV was the main mover on the ZNX 50 Index, finishing the day nearly five per cent higher, but the embattled stock remains at historic lows.
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NZ shares fall from record high
Shares on the NZX 50 fell after the minutes of the last Federal Open Market Committee meeting showed a rate hike in the US in June was possible.
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NZ shares rise pushing NZX 50 to record
Infratil's announcement it has $1 billion to spend on new acquisitions was good news for the S&P/NZX 50, as the index was pushed to a new record.
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Meridian expectations push NZX 50 sky high
The S&P/NZX 50 Index hit a new record on expectations Meridian Energy will benefit from the proposed changes to electricity transmission charges.
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NZ shares fall as SkyCity resumes trading
SkyCity was back trading after a halt but absence didn't make investors' hearts grow fonder, with the embattled company falling three per cent.
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