Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label New Zealand share prices higher. Show all posts
Showing posts with label New Zealand share prices higher. Show all posts

New Zealand share prices higher

New Zealand share prices closed 1.69 percent higher on Tuesday following a surge in global markets following new US measures aimed at restoring the banking system to health, dealers said. The NZX-50 index rose 43.91 points to 2,635.33 on turnover worth 114.1 million New Zealand dollars (65.1 million US). While most of the top 50 stocks gained ground, market leader Telecom fell a cent to 2.31 dollars.

Wednesday, March 25, 2009

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