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 shares gain. Show all posts
Showing posts with label New Zealand shares gain. Show all posts

New Zealand shares gain

New Zealand share prices closed 1.03 percent higher Thursday following gains on Wall Street, dealers said. The benchmark NZX-50 index rose 26.88 points to 2,633.21 on turnover worth 64 million New Zealand dollars (34.7 million US). The session was "solid but pretty quiet" in light volumes, ASB Securities broker Stephen Wright told Dow Jones Newswires.

Friday, March 20, 2009

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