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NZX 50 Lost 137.79 points on Thursday, Led by Consumer Staples Stocks
Market Updates

NZX 50 Lost 137.79 points on Thursday, Led by Consumer Staples Stocks

On 13th May 2021, the broader market continued its downward momentum for the 7th consecutive session. Today’s downfall was mainly due to the selling pressure witnessed in consumer staples sector, among others. Meanwhile, industrials sector and ...

5 Popular NZX Growth Stocks To Explore In May 2021
Growth Stocks

5 Popular NZX Growth Stocks To Explore In May 2021

Summary Growth stocks are known for providing a high rate of return, but they often come with a significant amount of risk. Growth stocks can be a good investment alternative for long-term investment. Here are 5 NZX-listed growth stocks for Ma...

  • May 13, 2021 08:10 PM NZST
  • Sonal
Why These 6 NZX Stocks Ebbed And Flowed Today- GFL, EVO, SML, BRM, GEO, MLN
Stock Market

Why These 6 NZX Stocks Ebbed And Flowed Today- GFL, EVO, SML, BRM, GEO, MLN

Summary Have a look at these gainers and decliners of the day. They have announced their recent modus operandi. Have a look at how they performed at the NZX today. These stocks have ebbed and flowed throughout the day. Let’s have a ...

  • May 13, 2021 07:45 PM NZST
  • Roma
7 Exciting Stocks That Gained Maximum Volumes On NZX Today
Stock Market

7 Exciting Stocks That Gained Maximum Volumes On NZX Today

Summary The most traded stocks reflect the maximum volumes. They also help determine the bullish or bearish trend of the market. They also indicate sells and buys on the stock market as the price is looked at simultaneously. Stocks that ...

  • May 13, 2021 07:13 PM NZST
  • Manika
How could the red-hot iron ore rally benefit investors?
Commodities

How could the red-hot iron ore rally benefit investors?

Summary Iron ore prices have registered a record rally in recent weeks, with prices surging to record high levels. A robust economic recovery in the US and China, coupled with generous stimulus packages, have fueled the rally. The price surge ...

Bears grip APAC markets on inflation woes
World News

Bears grip APAC markets on inflation woes

The bears seem to have gripped the Asia Pacific (APAC) markets for the second day on the trot, driven by the fears of rate hikes by the central banks. All the indices in the region, save the Taiwanese markets, were trading in red. The Taiwan Weigh...

Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator
Cryptocurrency

Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator

Summary Australian computer programmer and entrepreneur Dr Craig Wright has once again had a court case postponed to November. In one of several lawsuits Wright is currently involved in, he is being sued by the brother of his former business pa...

Helen Clark-led Report Says WHO, Nations Delayed Early Response To COVID-19 Pandemic
Covid-19

Helen Clark-led Report Says WHO, Nations Delayed Early Response To COVID-19 Pandemic

Summary A committee led by Helen Clark, New Zealand's former Prime Minister, outlined the negligence of the global community to contain the spread of COVID-19. The group praised all the healthcare workers across the nations, who are working sel...

New Zealand Food prices up 1.1% in April as tomato oversupply ends and minimum wage rises
Economy

New Zealand Food prices up 1.1% in April as tomato oversupply ends and minimum wage rises

Summary New Zealand’s food prices soared 1.1% in April 2021 month on month. Higher tomato and cucumber prices were the main contributors in driving food prices up. An increase in minimum wage also added to the overall rise in food prices...

  • May 13, 2021 03:59 PM NZST
  • Sonal
Five Hot NZX-listed Dividend Stocks to Keep An Eye On
Dividend Stocks

Five Hot NZX-listed Dividend Stocks to Keep An Eye On

Dividend is the distribution of a company’s earnings to its shareholders. When a company makes a profit and builds up retained earnings, the earnings may be either reinvested in the company or paid out to shareholders. Investors are attra...

  • May 13, 2021 03:30 PM NZST
  • Sonal
Rocket Lab All Set To Test Space Vehicle’s Reusability
World News

Rocket Lab All Set To Test Space Vehicle’s Reusability

Summary Rocket Lab to send out electron launch testing vehicle. This could mean reusable spacecrafts and vehicles in the future. Up against SpaceX, which already boasts reusable vehicles. Rocket Lab is ready with the first vehicle for ele...

  • May 13, 2021 03:19 PM NZST
  • Roma
How Are These 5 NZX Stocks Doing Today? CRP, PCT, PPH, SAN, WBC
Stock Market

How Are These 5 NZX Stocks Doing Today? CRP, PCT, PPH, SAN, WBC

Summary These stocks have caused a stir in the market today. Peak through their latest announcements Let’s see how their stocks performed today These are the stocks which have created a significant buzz in the market today, owing to...

  • May 13, 2021 03:12 PM NZST
  • Roma
Bitcoin crashes as Tesla does a U-turn on the largest crypto
World News

Bitcoin crashes as Tesla does a U-turn on the largest crypto

The Palo Alto-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) will stop using Bitcoin as payment mode for car purchases, CEO Elon Musk has said in a tweet. The price of Bitcoin, has since crashed by 15.8% and is trading below the US$5...

With House Sales Down in April, Have The Government Measures Started Paying off?
Economy

With House Sales Down in April, Have The Government Measures Started Paying off?

Summary NZ house sales down in April, prices remain up. Some think it is a normal thing in April. Some analysts feel that it could be the early signs that govt measures are paying off. Looks like, the government’s measures to contro...

  • May 13, 2021 02:56 PM NZST
  • Manika
Petition calls for New Zealand Government to reform Pharmac
World News

Petition calls for New Zealand Government to reform Pharmac

A petition with over 100,000 signatures calling for a substantial increase in budget and independent review of Pharmac was handed over to the New Zealand Parliament on Wednesday. The petition was submitted by Patient Voice Aotearoa (PVA), which deman...

  • May 13, 2021 02:47 PM NZST
  • Sonal
COVID-19 continues to hammer India; global cases decline
World News

COVID-19 continues to hammer India; global cases decline

The spread of the COVID-19 pandemic in India continues to test the limits of the country’s healthcare system, even as the global situation has visibly improved. In last seven days, the fresh cases reported by India – the new epicentre ...

5 Interesting NZX Penny Stocks From Healthcare Space Worth Exploring- TRU, RUA, CBD, BLT, And PHL
Penny Stocks

5 Interesting NZX Penny Stocks From Healthcare Space Worth Exploring- TRU, RUA, CBD, BLT, And PHL

Summary TruScreen Group remained poised throughout the coronavirus pandemic and its TruScreen device gained efficacy. Rua Bioscience concluded the Medbloom agreement and ponders over new opportunities. Blis Technologies gets sanction in India ...

Amazon Dodges US$300 Million EU Tax Order
World News

Amazon Dodges US$300 Million EU Tax Order

Summary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,...

US Consumer Prices Rise By 4.2%, The Fastest Pace Since 2008
World News

US Consumer Prices Rise By 4.2%, The Fastest Pace Since 2008

The US Consumer Price Index (CPI), a key gauge for changes in commodity and services prices, rose 4.2% in April, compared to the same period a year ago, as demand for various goods surged amid a significant improvement in the economy following the ...

SoftBank Posts US$46bn Annual Profit, Highest By A Japanese Company
World News

SoftBank Posts US$46bn Annual Profit, Highest By A Japanese Company

Summary SoftBank's full-year net profit soared to 4.99 trillion yen or US$46 billion, the highest for any Japanese company to date. SoftBank's profit surpassed Microsoft's record annual net profit of US$44.28 billion for its fiscal year ended J...

Now Google Pay Users In US Can Send Money To India, Singapore
World News

Now Google Pay Users In US Can Send Money To India, Singapore

Summary It is Google’s first foray into the US$470 billion global remittance market. The payment can only be made between two individuals, and there is no fee for the service. Google Pay, earlier called Android Pay, currently has around ...

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