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Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance
Cryptocurrency

Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance

This year has seen a flock of cryptocurrencies across the board make significant gains. The most well known of these – Bitcoin (BTC)  – has surged 96% since January, and its success has bled over to some other altcoins, so much so ...

NZX 50 Fell More Than Half a Percent on Monday, Extending Losses for the 4th Consecutive Session
Market Updates

NZX 50 Fell More Than Half a Percent on Monday, Extending Losses for the 4th Consecutive Session

On 10th May 2021, NZX 50 closed in red as significant selling was witnessed in consumer staples stocks, down by 8.93%, followed by Primary Sector Index, down by 2.63% while Energy stocks provided some support and gained, up by 2.62%. NZX 50 fell by 0...

Forget Bitcoin! This crypto delivered nearly 450% returns so far in 2021
Cryptocurrency

Forget Bitcoin! This crypto delivered nearly 450% returns so far in 2021

Summary Ether has witnessed a strong rally this year, with its value jumping by 450% so far in 2021. The price of Ether crossed US$4,000-mark for the first time on May 9. The rise of Ethereum and other digital coins has weakened Bitcoin’...

5 Exciting Blue-Chip NZX Stocks With Solid Earnings
Stock Market

5 Exciting Blue-Chip NZX Stocks With Solid Earnings

Blue-chip stocks are stocks of companies that are popular, well established, large, and have been operating for decades. Most of these stocks also have a track record of paying good dividends, though paying dividend is not a pre-condition for a stock...

  • May 10, 2021 08:46 PM NZST
  • Sonal
5 Most Discussed NZX Penny Stocks To Buy Prior To New Zealand’s Budget 2021
Penny Stocks

5 Most Discussed NZX Penny Stocks To Buy Prior To New Zealand’s Budget 2021

Summary Let’s have a look at some hot penny stocks Pre-budget evaluation for these penny performers. Notice their latest developments before investing. The New Zealand Budget, which is due on 20 May 2021, has a lot of eyes glued to ...

  • May 10, 2021 07:02 PM NZST
  • Roma
A Peek At 5 Hot Dividend Stocks To Explore This Reporting Season - ZEL, PFI, BIT, SCL, KMD
Dividend Stocks

A Peek At 5 Hot Dividend Stocks To Explore This Reporting Season - ZEL, PFI, BIT, SCL, KMD

Summary Dividends indicate strong company fundamentals and sustainability to shareholders. Z Energy reveals enhanced earnings in FY22 by focusing on cost reduction and monetising scale. Property for Industry acquired industrial property at Wir...

New Zealand PM Ardern To Meet Unions To Discuss Public Sector Pay Freeze
Economy

New Zealand PM Ardern To Meet Unions To Discuss Public Sector Pay Freeze

Summary The New Zealand government has drawn enough criticism from several workers on extending the pay freeze to the public sector. The step has been taken to lessen the pay gap amongst income groups. Robertson is denying claims of the NZ gov...

  • May 10, 2021 05:00 PM NZST
  • Sonal
Housing Crisis Deepens in New Zealand
Economy

Housing Crisis Deepens in New Zealand

Summary Housing crisis in the country hits new lows. The average house price witnessed a sharp surge. According to predictions, things could get better in the near future. New Zealand housing crisis seems far from over with ever increasin...

  • May 10, 2021 04:22 PM NZST
  • Roma
NZ Removes NSW Travel Ban; Vaccination Of Tokyo Olympic-Bound Australian Athletes to Start
World News

NZ Removes NSW Travel Ban; Vaccination Of Tokyo Olympic-Bound Australian Athletes to Start

Summary Travel between New Zealand and New South Wales resumed from early hours of Monday. Sydneysiders are urged to follow COVID-19 protocols. Vaccination of Australian athletes and staff commenced from Monday. Source: Copyright ©...

6 NZX Stocks That Grabbed investors’ Attention Today
Stock Market

6 NZX Stocks That Grabbed investors’ Attention Today

The benchmark index NZX 50 opened in red on Monday, down 0.44%, at almost 12.675, at the time of writing. However, several companies made important announcements with regard to their results, dividends, and other aspects of their performance. Let&r...

  • May 10, 2021 03:31 PM NZST
  • Manika
ATM Shares fall more than 10% As it Downgrades Its Sales Forecast Again
Stock Market

ATM Shares fall more than 10% As it Downgrades Its Sales Forecast Again

Summary ATM Shares fall to 3½ years lows. ATM considering a revised strategy for improving performance. It mulls option of shares buyback. In a third sales downgrade, New Zealand’s a2 Milk Company (NZX:ATM) cut back on its fu...

  • May 10, 2021 03:26 PM NZST
  • Manika
Market Outlook: Four key things to watch out for this week
World News

Market Outlook: Four key things to watch out for this week

In contrast to the markets’ flat trend last week, it is going to be a high-octane week in terms of macro announcements. The packed week will see Australia’s budget being put forth, the UK’s growth numbers being announced and diffe...

Robertson Puts Economic Recovery and Kiwis’ Welfare On Priority in Budget 2021
Economy

Robertson Puts Economic Recovery and Kiwis’ Welfare On Priority in Budget 2021

Finance Minister Grant Robertson, at a pre-budget speech in Auckland, stated that obtaining recovery and investing in the welfare of Kiwis was the emphasis of Budget 2021. He announced that there would be more regular spending and capital investment ...

  • May 10, 2021 02:44 PM NZST
  • Sonal
5 REIT Stocks To Be Considered In May 2021 - APL, PCT, PFI, SPG, IPL
Infrastructure and Real Estate Stocks

5 REIT Stocks To Be Considered In May 2021 - APL, PCT, PFI, SPG, IPL

Summary REIT Stocks had their share of jerks triggered by the coronavirus pandemic; however, with the opening of economies, investors are now looking forward to investing again. Asset Plus announced revaluation gains in its six-month portfolio ...

Dogecoin nosedives on Musk’s remarks; what does it mean for the cyptocurrency?
Cryptocurrency

Dogecoin nosedives on Musk’s remarks; what does it mean for the cyptocurrency?

The meme-turned-frenzy cryptocurrency, Dogecoin, plummeted after billionaire Elon Musk of Tesla Inc (NASDAQ:TSLA) called it a ‘hustle’ in a live show. At one point in time in the last 24 hours, the digital asset was down 31.7% from its...

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