MARKET CLOSE: NZ shares gain; banks rally on Reserve Bank capital decision

(05 Dec, 5:54 PM) New Zealand shares rose as bank stocks rallied when the Reserve Bank's new capital adequacy rules weren’t as harsh as some investors feared. The S&P/NZX 50 Index advanced 47.92 points, or 0.4 percent, to 11,257.79. Within the index, 25 stocks rose, 17 fell, and eight were unchanged. Turnover was... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/market-close-nz-shares-gain-banks-rally-on-reserve-bank-capital-decision

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PCT - Sale of PwC Tower to New Investment Partnership
MEL - Waitaki reconsenting receives final approval
June 15th Morning Report
Devon Funds Morning Note - 12 June 2026
June 11th Morning Report
SKO - Leadership Update
June 8th Morning Report
RBNZ announces decision on use of the word "bank"
June 2nd Morning Report
IKE - FY26 Financial Results