Synlait Milk (NZX: SML) announces FY22 results, shares fall

Synlait Milk delivered its FY22 results today The company also shares its “refreshed” strategy Synlait said that it had returned to profitability

NZ share market ends lower; NTL and MPG gain; PX1, PYS lose

The NZ share market ends the week in the red The NZ50 was down 0.72% on global cues NTL gained 50%, while tech stocks lose

Tourism Holdings (NZX:THL) is in news today, here’s why

NZCC grants clearance to THL to merge with Apollo The clearance came after an undertaking to divest some ATL assets in NZ As per the company, the transaction is likely to be completed by year-end

How are these infra stocks performing on NZX?

The Kiwi Government is committed to addressing the country’s infrastructure challenges and has committed additional funds for various infrastructure projects over the next five years. FBU, IFT, and STU are renowned NZX-listed infrastructure stocks.

Stocks in focus as NZ’s retail spending rises in August

New Zealand’s retail spending rose by 0.9% in August 2022 as compared to previous month. Meanwhile, Michael Hill International, KMD Brands, and Briscoe Group are some of the well-known NZX retail stocks.

TruScreen Group (NZX:TRU) is in news today; Kalkine Media tells why

TruScreen Group is holding its Annual Meeting today. Its product revenues were up 48% in FY22, despite a challenging year and the Company is focused on expanding its reach both in its key markets and elsewhere.

Why is Fisher and Paykel Healthcare (NZX:FPH) in news these days?

FPH has plans to set up its second campus in Auckland This will give a boost to its future growth plans FPH’s new campus will mainly have R&D facilities

3 stocks to explore as business confidence lifts

ANZ Business Outlook showed recovery in business confidence in August but inflation pressures remain.

KMD Brands’ (NZX:KMD) shares are in green today, here’s why

KMD Brands has today released its FY22 results, delivering a strong performance. It will pay a final dividend on 25 November.

NZX 50 closes in red; NTL and AIR gain; MPG, TRU lose

The New Zealand share market closes in the red as the NZX 50 benchmark index was down 0.62%.

NZX 50 up 0.33%; GTK, NZK shine; PX1, RAK slip

The NZ share market closed on a positive note on Tuesday. While Gentrack Group, New Zealand King Salmon Investments and Seeka, etc., witnessed share price gains, Plexure Group and Rakon were among the NZX decliners.

NZX 50 skids 0.67%; GEN, MFB up; GEO, RBD down

The New Zealand share market fell 0.67% on Friday. Stocks with saw a growth in their prices included General Capital, My Food Bag Group, Harmoney Corp Limited, etc., while Geo, Restaurant Brands New Zealand, Ventia Services Group, etc. were NZX decliners.

Blis Technologies (NZX:BLT) shares trading in green; here’s why

Blis Technologies Limited is one of the leading healthcare companies across New Zealand and is currently witnessing a rise in its share prices. The Company has renewed its focus on its core business to enhance its profitability.

Pharma stocks in limelight as funding for COVID-19 research round announced

NZ Government has funded 23 research projects to undertake research into the ongoing impacts of COVID-19 on its population and health system. Meanwhile, AFT, BLT and RUA are some of the well-known NZX-listed pharma stocks.

How did NZX-listed retirement villages fare in FY22?

RYM reported a jump in profits by 13.6% OCA reported an EBITDA increase of 16% SUM reports a jump in profits by 9.2%