Sunday, May 18, 2008, 6:22AM NZT - The New Zealand stock market is closed.
| NZ50 3,657.197 |
| NZX 50 | 3,657.197 | +42.964 | (+1.19%) |
| NZX 50 Port | 2,144.876 | +9.299 | (+0.44%) |
| NZX 10 | 3,682.188 | +76.721 | (+2.13%) |
| NZX MidCap | 8,969.603 | -36.602 | (-0.41%) |
| NZX All | 3,650.387 | +43.253 | (+1.20%) |
| NZX SCI | 22,651.969 | -206.176 | (-0.90%) |
| More International Indices | |||

Kevin Morgan from OM Financial presents a wrap of the week's major financial news.

The rising food and petrol prices are taking its toll on the retail sector.
The saga of ICP Biotechnology this week is a sorry tale.
Genesis Energy has appointed former Oceanagold OGC.AX executive Albert Brantley to be its new chief executive.

The New Zealand dollar failed to build on its overnight gains, sticking to a very tight range in lacklustre trading today.Read more...
- David McEwen
Certainly there is a growing feeling in some areas that most of the sub-prime writedowns have been taken and there is some logic for this. Read More...
- Lisa Dudson
Have you ever seen a bank, insurance company, finance company or financial institution advertising their credit rating? Given the huge amount of information and all the different types of ratings, it's hardly surprising many people are confused about what they actually mean. Read More...
- Philip Macalister
A sudden and unexpected easing in home loan rates this week is to the property market, what a bit of rain is to drought-stricken farmers. Read More...
High tech manufacturer Rakon is selling a commodity sourcing business based in the United Kingdom to focus on manufacturing. Read more...
The top three stocks recovered from yesterday's losses, helping push the sharemarket up 1 percent today. Read more...
The Serious Fraud Office is investigating property financier Bridgecorp and the Blue Chip property investment companies, but warned that a prosecut... Read more...