Investor confidence has reached a two-year high as New
Zealand investors seek higher yields against a background of
more benign risk and higher returns from shares, the ASB
Investor Confidence Index shows.
Tight space for fish exports at Timaru have prompted
two Dong Won trawlers to visit Dunedin during the past week,
discharging their cargoes before heading back to sea.
Shares in Mighty River Power ducked below their issue price
for the first time since their debut on the NZX today before
recovering ground near the close of business.
Flat-screen televisions, cash for groceries and even iPads -
banks are competing to offer more attractive prizes to
sweeten home loan deals as higher interest rates are
forecast.
