Latest from Markets

ASB lifts profit 6 per cent as rising rates bolster margins

Wider margins more than offset increased costs.

Stock Takes: How 2024 could cure crypto’s winter

April is in Bitcoin believer's calendars - here's why.

Market close: NZ stocks slip ahead of reporting season

Restaurant Brands continued to slide, while Fletcher also took a hit.

Meme stocks are back as investors buy shares of beaten-down companies

A new class of meme stocks has sprung up.

Restaurant Brands' share price plunges on weaker profit outlook

The sharemarket fell after a weak Wall Street over the weekend.

Market close: Retirement stocks gain but sharemarket remains flat

Investors are wary about the continuing rise in long-term bond yields.

Market close: NZ stocks hold their own after sharp fall on Wall St

The United States credit rating downgrade reverberated around weaker offshore bourses.

Market close: Good Spirits Hospitality finds buyer for bars and restaurants

The New Zealand sharemarket shrugged off weak offshore bourses.

Market close: Aussies keep cash rate on hold while NZ sharemarket fails to fire

The New Zealand sharemarket retreated more than half a per cent on light trading.

Market close: Investors remain on sidelines as they digest inflation data

The NZ sharemarket made a small gain on further evidence that inflation is falling.

Bid for Metroglass part of Vulcan Steel expansion strategy?

The company has rejected the takeover offer.

Market close: Steel & Tube shares higher after upgrading earnings guidance

The New Zealand sharemarket drifted sideways in a quiet day’s trading.

Metroglass pushes back after shareholders launch takeover play

There is a plan to take over some or all of the glass processor.

Market close: Energy stocks take a hit, Vulcan shares slide after downgrade

Vulcan Steel disappointed the market.

Stock Takes: NZ Shareholders Association on seeing the wood for the trees

The NZSA has questioned the timeliness of PGW's disclosure.

Market close: Mainfreight shares rise after delivering 20pc gross profit bump

It was an otherwise quiet day on the sharemarket as investors turn to holiday mode.

Is this tech company the next Xero?

This freshly listed tech start-up is back by Sir Owen Glenn.

Market close: NZ shares edge lower ahead of Reserve Bank’s OCR decision

The index finished lower despite a late surge.