New Zealand shares +5.08% The local market bounced back from a weak final quarter in 2016 to post a strong start to the year. With improving global growth expectations, still supportive credit conditions and renewed strength in overseas equity markets, the New Zealand market enjoyed a very good quarter. Leading performers included Tower [...]
New Zealand shares -6.40% The local market endured a weak final quarter in 2016. With overseas interest rate markets reacting swiftly to Donald Trump's victory in the US presidential election, some of the previous strong foreign demand for New Zealand high yield stocks cooled quickly. Selected companies still performed well, including Pacific Edge [...]
New Zealand shares +6.72 The local market continued its strong recent run in the third quarter of 2016. With local interest rates reducing in August, several of the higher dividend paying companies in the NZXexperienced particularly strong demand. Leading performers were Heartland Bank +33.9%, Kathmandu +32.7% and Steel & Tube +30.0%. At the [...]
