New Zealand stocks opened up 3.4 percent Wednesday, bouncing back from heavy losses in the wake of the US credit downgrade. The benchmark NZX 50, the first market to open in the Asia-Pacific, was up 104.05 points at 3,201.83 at 10:05am (2205 Tuesday GMT). Forsyth Barr broker Suzanne Kinnaird said she expected markets across Asia to rise after Wall Street rebounded Tuesday on a US Federal Reserve announcement that it expected to maintain low interest rates for the next two years. "Obviously, those that were hit the hardest in the last couple of days are likely to rebound," Kinnaird told Dow Jones Newswires shortly before the market opened.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor