Covid cases surge again: Will there be another lockdown?
Highlights On Monday, new Covid cases reported in the UK were 49,156, highest reported since 17 July this year. The UK government is relying on the success of vaccination programme to avoid imposing fresh restrictions again this winter. &n...
- October 20, 2021 12:30 AM NZDT
- Priya Bhandari
Can Bitcoin end 2021 with a price tag of $100,000?
A few hiccups aside, 2021 has been a great year for Bitcoin and its backers. Where does Bitcoin go from here? Will the world’s largest crypto asset soon touch the US$100,000 mark? A few analysts believe that the resistance level of BTC is ap...
- October 19, 2021 11:57 PM NZDT
- Ankit Sethi
What is bamboo app? How does it work?
The cryptocurrency investment space is becoming more competitive. Players with their unique offerings are finding patronage. Non-fungible token (NFT) space is gaining traction, and Coinbase NFT has come to compete with OpenSea, which claims to be t...
- October 19, 2021 11:26 PM NZDT
- Ankit Sethi
What is the LunarCrush crypto?
Cryptocurrencies are becoming increasingly popular, and even countries have started adopting virtual currency as a legal tender. As one of the most popular investment options today, joining the community of crypto investors without sufficient knowl...
- October 19, 2021 11:22 PM NZDT
- Raza Naqvi
Why these 4 NZX value stocks are worth following in October
Stocks trading at less than price relative to their fundamentals, healthy dividend yields, low P/B and P/E ratios can be termed as value stocks. Value stocks are known to be performing better during a high-inflation period. As per the latest data ...
- October 19, 2021 11:15 PM NZDT
- Neha Simpy
'Psychic' Mr Goxx is more than a force to reckon with
Mr Goxx, a pet hamster, grabbed headlines worldwide when his interest in crypto trading took the world by storm and managed to impress likes of Elon Musk and others. His unique modus operandi, where he runs on a hamster wheel and selects what...
- October 19, 2021 11:13 PM NZDT
- Manu Shankar
The Crypto Hype is Scaring me more than Halloween!
The word Crypto is trending and has been trending for quite some time now. The craze that this digital currency has caused is immense and an immeasurable now. According to Coinmarket, the market has grown from around US$16 billion to US$2.9 trillion ...
- October 19, 2021 11:05 PM NZDT
- Kiara Khanna
Would 4 NZX financial stocks be impacted by high inflation?
Highlights Financial companies may do well, as per market reports, during the time of high inflation. ANZ is facing reports of security violations. Tower announced the appointment of new CFO, Paul Johnston. New Zealand Monday reported a 2...
- October 19, 2021 10:58 PM NZDT
How are 4 prominent NZX healthcare penny stocks performing?
Highlights Market analysts are of the opinion that the healthcare space is all set to witness growth, which might give potential to small companies to thrive upon. Rua Bioscience released its ASM presentation highlighting its four key pillars. ...
- October 19, 2021 08:29 PM NZDT
- Neha Simpy
Consumer Staples and Healthcare Sectors Supported NZ Market
On 19th October 2021, the equity market in New Zealand ended in green as sectors like consumer staples, healthcare as well as industrials encountered buying. NZX 50 Index and NZX 20 Index increased by 0.52% and 0.68%, respectively. Also, NZX All Cons...
- October 19, 2021 07:57 PM NZDT
- Team Kalkine Media
How are 5 NZX energy stocks aiding clean projects in 2021?
Highlights The NZ government has committed $1.3 billion to support countries most exposed to climate change. Trustpower appointed Catherine Thompson as General Manager, Regulatory and Risk, on Tuesday. Z Energy declared that the last day...
- October 19, 2021 07:54 PM NZDT
Is Fantom About To Explode?
This year has seen a marked shift in the value distribution dynamics of the cryptocurrency market. Although Bitcoin still remains the most valuable digital asset, the dominance gap has been significantly diminished by Ethereum’s rapid growth....
- October 19, 2021 07:14 PM NZDT
- Daniel Paul Johns
PGG Wrightson (NZX:PGW):How has COVID-19 affected the Company’s guidance?
Highlights The Company is hopeful and anticipate operating EBITDA to be widely in accordance with last year’s notable performance. Though the major trading months are still to come, the positivity demonstrated via farmers and grower consu...
- October 19, 2021 04:54 PM NZDT
- Neha Simpy
Heartland Group (NZX:HGH): Why is it organising a virtual AGM?
Highlights Heartland announced that it would hold its AGM virtually on 28 October 2021. The meeting will be conducted online due to New Zealand’s current COVID-19 Alert Level status. Heartland expects its NPAT to be between $93 million a...
- October 19, 2021 04:44 PM NZDT
Why Tether’s US$41 Million Fine Is a Cause for Concern?
One of the biggest downsides of cryptocurrency is its volatility. A look at Bitcoin this year alone gives a solid indication of just how unstable the value of digital currencies can be at any given moment. This is where the demand for stablecoins ...
- October 19, 2021 04:02 PM NZDT
- Daniel Paul Johns
Crude oil tumbles as US factory data deepens demand concerns
Highlights Crude oil edged lower on Monday. The production at the US factories tumbled to the lowest level in September. China's third-quarter economic growth has been dropped to the lowest level in the year due to power shortages. Crude ...
- October 19, 2021 03:36 PM NZDT
- Arpit Verma
Freightways (NZX:FRE) acquires Kiwi-owned ProducePronto
Freightways Limited (NXZ:FRE) announced on Tuesday that it had procured Kiwi-owned ProducePronto that will be a part of its Express Package division with FRE taking ownership of the same on 1 November 2021. The acquisition price stands at NZ$10 milli...
- October 19, 2021 02:41 PM NZDT
AFT Pharmaceuticals (NZX:AFT) : Maxigesic IV® gets regulatory consent in the UK and Ireland
Highlights AFT got regulatory consent for Maxigesic IV in the UK and Ireland. The Group has plans to introduce over 10 new products in Australia. AFT Pharmaceuticals Limited (NZX:AFT) announced on Tuesday that the intravenous form of Maxig...
- October 19, 2021 01:52 PM NZDT
S&P 500, Nasdaq rise on tech gains, Dow slips
The S&P 500 and tech-savvy Nasdaq closed higher on Monday, October 18, bolstered by gains in technology stocks and upbeat corporate earnings. The S&P 500 was up 0.34% to 4,486.46. The Dow Jones fell 0.10% to 35,258.61. The NASDAQ Composite r...
- October 18, 2021 03:27 PM PDT
- Sanjeeb Baruah