NZ markets news

NZ shares rise on a2 bounceback
After falling from its high this week, a2 Milk resumed its rally while high yield stocks gained on speculation the Reserve Bank will cut interest rates.
Mixed day on market for NZ shares
With 20 stocks rising and 21 falling, it was a mixed day for New Zealand shares on the S&P/NZX 50, with turnover hitting $220 million.
Xero, a2 fall from record high perch
Investors cashed in recent increases in a2 Milk and Xero, ending a seven-day run of gains on the S&P/NZX 50.
NZX 50 charts new record close
A2 Milk extended its rally on a record Tuesday for the NZX 50 as the index rose to 23.65 points, with turnover of $191 million.
NZ shares climb to new record
A2 Milk led New Zealand shares to a new record close as Australian investors continued to back growing demand for the milk formula.
Shares rise on back of Kathmandu news
Kathmandu led the local market, finishing 5.7 per cent up and affirming its profit growth guidance for 2016.
Trade Me leads local share price rise
Gains across the Tasman helped push Westpac and ANZ higher but it was Trade Me who was the leader of the pack, rising to a six-month high.
A2 Milk leads the NZ share charge
A2 Milk has reached an all-time high, gaining 50 per cent in the last 12 months, while Air New Zealand and Xero stock bounced back for earlier losses.
NZ shares fall after Paris terror attacks
Equity markets across Asia and the Pacific fell as the terror attacks in Paris sent investors in search of safe assets such as gold and the yen.
Kiwi shares fall for second day
Steel & Tube Holdings led the downward slide for New Zealand shares after its price fell for a fourth day, citing the impact of cheap Chinese steel.