Markets
Australian dollar flat in early trading
The Australian dollar opened little changed this morning amid market speculation the US Federal Reserve was planning to lift the discount rate it charges banks for loans.
Stocks to watch: March 19
The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified.
NZ dollar hits 2-year high against euro
The New Zealand dollar climbed to a two-year high against the euro, as worries persisted about Greece's debt problems.
Oil falls below US$82
Oil dipped below US$82 a barrel on Thursday after a two-day rally, as the US dollar strengthened against the euro and Opec did not take strong steps to tighten supplies above its official output cap.
Mixed start for Wall St
The Dow industrials advanced for an eighth consecutive session on Thursday, lifted by a rise in Boeing's stock, while a mixed group of economic figures kept the broader S&P 500 in check.
Banks drag on European shares
European shares fell overnight, led lower by the banking sector, with Greece's largest lender National Bank (NBG) slipping 6 per cent before a post-market results statement.
Aussie shares rise in early trading
The Australian share market has risen in opening trade, after US stocks closed higher for a seventh straight session.
Shares edge up, as Telecom claws back
The New Zealand sharemarket lifted early as leading stock Telecom clawed back a cent after falling to an all-time closing low yesterday of 214.
Wall St hits recovery high
US stocks gained on Wednesday, pushing the Dow to a 17-month high, after a benign February inflation reading supported the Federal Reserve's renewed pledge of low interest rates.
European bear market rally continues
European shares hit a 17-month closing high on Wednesday, with banks, miners and energy stocks gaining from the US Federal Reserve's pledge to keep interest rates near zero for an extended period.
Recent Headlines
- Oil up as OPEC confirms output
- Australian share market rallies
- NZ shares follow Wall St higher
- Aussie dollar rises after US rates call
- Wall St hits 17-month high
- NZ dollar gains strength
- Wall St up after S&P affirms Greece rating
- European shares reverse losses
- Australian shares edge higher
- Share market shrugs off flat Wall St lead
- NZ dollar posts modest gains
- British pound tumbles on economic concerns
- Wall St flat as market watches China
- Miners drag on European shares
- Australian shares open higher
- European shares rise to 7-week high
- The week ahead on Wall St
- Gold gains appeals
- Sharemarket ends little changed
- NZ dollar drifts and ends at US70c
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- Comparing NZ with Australia 'misleading'
- NZ dollar hits 2-year high against euro
- Stocks to watch: March 19
- Property market losing strength
- British public debt soars
- Greece ups stakes in quest for EU help
- Australian economy 'enviable'
- More Kiwis 'feeling unprepared for retirement'
- Australian dollar flat in early trading
- Stocks to watch: March 18
