Market close: NZ stocks caught in pincer movement as downtrend continues
New Zealand stocks remained boxed in by high interest rates and modest earnings growth. Source: NZ Herald Business News
New Zealand stocks remained boxed in by high interest rates and modest earnings growth. Source: NZ Herald Business News
Comments from the US Fed did little to alleviate fears. Source: NZ Herald Business News
The S&P/NZX50 index was at 11,135.58, down 85.90 points or 0.77 per cent. Source: NZ Herald Business News
Electric vehicles could end up benefiting the national power grid. Source: NZ Herald Business News
New Zealand's sharemarket ended weaker despite a rally in Sky TV. Source: NZ Herald Business News
Relative underperformance of share price put down to usage of fossil fuels. Source: NZ Herald Business News
Most of the talk in the market was around Fletcher Building. Source: NZ Herald Business News
The El Niño weather pattern could disrupt New Zealand agriculture, economists say. Source: NZ Herald Business News
NZ stocks ended weaker as market awaits key US jobs data. Source: NZ Herald Business News
How the NZ sharemarket has performed previously when the Government has changed. Source: NZ Herald Business News