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How Covid rent debt crisis will get worse with Universal Credit cut
Economy

How Covid rent debt crisis will get worse with Universal Credit cut

Highlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next...

Which are 5 attractive NZX food & beverage stocks?
Consumer Stocks

Which are 5 attractive NZX food & beverage stocks?

Highlights  The a2 Milk Company shows a dip in the NPAT in FY21. Comvita Group on strong footings, confident of its unique business model. My Food Bag reports strong FY21 results and confirms its guidance. A2 Milk Company (NZX:ATM)&n...

  • September 18, 2021 12:11 AM NZST
  • Manika
Look at the 5 attractive financial stocks listed with NZX
Financial Stocks

Look at the 5 attractive financial stocks listed with NZX

Highlights General Capital offers quarterly growth in its subsidiaries New service address and office announced by Tower Barramundi offers developments in new trading update There's no denying the fact the good financial companies are the...

  • September 18, 2021 12:10 AM NZST
  • Roma
A week when APAC markets were in mostly in red
World News

A week when APAC markets were in mostly in red

The Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the ...

One Consumer Discretionary Stock Possessing Decent Prospects Over Long-term
Retail Stocks

One Consumer Discretionary Stock Possessing Decent Prospects Over Long-term

As the market participants know, the COVID-19 pandemic outbreak impacted a range of businesses as well as industries. The lockdowns as well as restrictions which were imposed impacted several companies and their results. However, there are expectatio...

Which are 5 high-volume NZX stocks today?
Stock Market

Which are 5 high-volume NZX stocks today?

Highlights High-volume stocks are the most traded stocks and reflect market sentiment. An active interest in a certain stock due to various factors lead to the high trading of that stock. Argosy Property was the most traded stock of the day. ...

  • September 17, 2021 09:07 PM NZST
  • Sonal
Value Buying Primarily in IT and Healthcare Stocks Pulled NZ Market Up
Market Updates

Value Buying Primarily in IT and Healthcare Stocks Pulled NZ Market Up

On 17th September 2021, the broader NZ market closed the session in the green as significant buying was witnessed in the Information Technology stocks, followed by Healthcare and Utilities stocks, among others. Notably, NZX 50 Index rose by 1.19% to ...

Elrond Crypto Experiences Rapid Growth – But Why?
Cryptocurrency

Elrond Crypto Experiences Rapid Growth – But Why?

The price movements of various cryptocurrencies can be mysterious even to the most avid crypto market enthusiasts. Sudden price surges and rapid falls are often unexpectedly, and it’s only after the movement do people rationalise the reasons....

Here’s how AI can help treat COVID-19 patients
World News

Here’s how AI can help treat COVID-19 patients

Highlights  Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte...

What makes penny stocks so risky?
Investing Essentials

What makes penny stocks so risky?

Highlights Most of the penny stocks belong to companies with very low-quality business and therefore the supply of their shares outweighs demand, keeping the price generally under a dollar. Penny stocks tend to get manipulated quite easily due ...

  • September 17, 2021 07:27 PM NZST
  • Aayush
Are NZ freight and logistics stocks back on track?
Industrial Stocks

Are NZ freight and logistics stocks back on track?

Highlights Freight & Logistics companies manage the movement of goods in New Zealand and outside. The COVID-19 pandemic had an adverse impact on some of these companies. Because of economic recovery in the first half of CY2021, these compa...

  • September 17, 2021 06:46 PM NZST
  • Manika
Why big firms are no more averse to crypto payments
Financial Stocks

Why big firms are no more averse to crypto payments

Highlights As cryptocurrencies are becoming hugely popular among fans and skeptics alike, big companies have now started accepting this alternate mode of payment. The newest addition to the list is AMC Entertainment Holdings, which would accept...

Which are 5 popular retirement villages stocks on NZX?
Healthcare Stocks

Which are 5 popular retirement villages stocks on NZX?

Highlights New Zealand has a well-established network of various retirement village communities spread across its land. ASM scheduled next week by Radius Residential Care. Oceania Healthcare had recently issued seven-year secured fixed-rate bo...

Decoding inflation: What is it and how does it impact economy of a country?
World News

Decoding inflation: What is it and how does it impact economy of a country?

Governments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...

How did Sky Network (NZX:SKT) manage to conclude share consolidation?
Communication Stocks

How did Sky Network (NZX:SKT) manage to conclude share consolidation?

Highlights Sky Network announced completion of its share consolidation on 17 September. Share consolidation means when a stock’s shares are merged into one share. The process is done to appeal to more investors or to avert the delisting ...

  • September 17, 2021 03:05 PM NZST
  • Sonal
‘Fuming over Australia's submarine deal, France cancels US gala’
World News

‘Fuming over Australia's submarine deal, France cancels US gala’

France has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima...

5 hot NZX technology stocks to explore in September 2021
Technology Stocks

5 hot NZX technology stocks to explore in September 2021

Highlights NZ has a strong technology sector. EROAD partnered with vision-based tech company Seeing Machines. Vista Group delivered strong H1 results in 2021. Technology stocks are stocks that are related to the technology sector and are ...

  • September 17, 2021 02:37 PM NZST
  • Sonal
What is Spark NZ’s (NZX:SPK) three-year business strategy?
Communication Stocks

What is Spark NZ’s (NZX:SPK) three-year business strategy?

Spark NZ Limited (NZX:SPK) is a leading telecommunication company in New Zealand. It has a three-year strategy in place since 2020 with a focus on fast-tracking digitalisation to meet the evolving needs of the customers. Three-year strategy Jolie...

  • September 17, 2021 02:26 PM NZST
  • Manika
NZ to prohibit Australian nuclear subs entering its waters
Stock Market

NZ to prohibit Australian nuclear subs entering its waters

Highlights Jacinda Ardern has signaled a strong message of banning Australia’s new nuclear-powered subs in its territorial waters. The declaration was made after a new trilateral security pact was announced in a virtual meeting between th...

New Zealand Manufacturing PMI slips to 40.1 in August
Stock Market

New Zealand Manufacturing PMI slips to 40.1 in August

Highlights NZ Manufacturing PMI fell to 40.1 in August from a previous 62.2 in July. The number came on the backdrop of NZ falling into renewed lockdown due to a delta variant outbreak in the country. Manufacturing activity in New Zealand ...

  • September 17, 2021 01:11 PM NZST
  • Sonal
AIR NZ (NZX:AIR) expects NZ$25m impact from Auckland curbs
Stock Market

AIR NZ (NZX:AIR) expects NZ$25m impact from Auckland curbs

Highlights Air New Zealand provides an update on impact of lockdown on monthly earnings Auckland curbs lead to NZ$25m impact for the national carrier Air New Zealand (NZX:AIR) said on Friday that it expects a monthly impact of up to NZ$45 ...

  • September 17, 2021 11:32 AM NZST
  • Manika
US stocks retreat after mixed economic data
Market Updates

US stocks retreat after mixed economic data

Benchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...

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