The plan revived investors’ appetite for riskier assets and took the wind out of elevated oil prices.
The Government is sticking within its operating allowance to prop up low-income families through the energy squeeze.
Fonterra was a standout as the dairy giant delivered a solid first half.
KMD Brands tumbled amid chatter of a recapitalisation.
NZ’s economy grew at a slower pace than anticipated in the December quarter.
The Federal Reserve’s upcoming rate review is looming large.
Nvidia’s Jensen Huang helped calm some of the nerves about tech.
Fonterra chief Miles Hurrell will leave the cooperative later this year.
The local benchmark was weighed down by trade-exposed firms on Friday.
There was some chunky trading among the property investment firms.