Market close: NZ shares join global rebound

The New Zealand sharemarket traded positively all day, picking up nearly half a per cent, following a strong rebound on Wall Street and elsewhere overseas. The S&P/NZX 50 Index closed at 12,709.14, up 58.29 points or 0.46 per cent, after

Market close: Skellerup shining light as sharemarket drifts lower

Skellerup Holdings, a quiet performer with more than 100 years of business experience, was the shining light as a cautious New Zealand sharemarket drifted downwards. The S&P/NZX 50 Index traded in a narrow range, closing down 40.37 points or 0.32

Market close: Sharemarket sheds another half per cent

It was déjà vu on the New Zealand sharemarket. The blue chip stocks were still volatile, trading was again cautious and the market shed another half per cent – having fallen in seven of the last eight trading days. The