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Is NZ’s Telecom Sector All Set To Experience Growth? 5 Related Stocks- CNU, SPK, VTL, TLS, VCT
Communication Stocks

Is NZ’s Telecom Sector All Set To Experience Growth? 5 Related Stocks- CNU, SPK, VTL, TLS, VCT

Summary NZ telecom segment is poised for continuous growth in the period pertaining to 2020-25. Spark New Zealand extended its standby facility amounting to NZ$200 million. Vital continues its partnership with Logic Wireless. Telstra invests ...

Are Bitcoin Chartists Picking Bearish Signals?
Cryptocurrency

Are Bitcoin Chartists Picking Bearish Signals?

Summary Bitcoin price has dropped by ~30.66 percent from its lifetime high. on the daily chart Bitcoin prices are trading in a rising channel formation and below its 100-Period Simple Moving Average (SMA). The price has broken a rising trendli...

One Financial Services Stock With Decent Growth Prospects
Financial Stocks

One Financial Services Stock With Decent Growth Prospects

As the market players are aware, the coronavirus pandemic impacted several sectors and companies. However, there are companies which are now well-positioned to perform well and these companies can also navigate tough conditions. This company is posse...

Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos
Cryptocurrency

Is the Crypto Grass Greener? The Search for ‘Greener’ Cryptos

Summary Elon Musk announced on Thursday that Tesla would no longer accept Bitcoin to purchase its vehicles. The decision has led to a heated debate over the amount of electricity required to mine bitcoins. Tesla’s move has resulted in at...

What Made These 4 Stocks Soar Or Dip Today  
Stock Market

What Made These 4 Stocks Soar Or Dip Today  

Summary These stocks have witnessed ups and downs in the market. Find out which of these have been trading in Red and which one’s green. Have a look at their most current stock performances too. Certain stocks have been in the news ...

  • May 14, 2021 07:50 PM NZST
  • Roma
Fall in Information Technology Sector Weighed Over Broader Market
Market Updates

Fall in Information Technology Sector Weighed Over Broader Market

  On 14th May 2021, the broader market ended the session in red after selling pressure was witnessed in information technology sector. Notably, profit booking was also witnessed in financials and healthcare sectors. NZX 50 declined by 0.48% to ...

Restructure Of the KiwiSaver Signals Improved Benefits For The Default Members
Economy

Restructure Of the KiwiSaver Signals Improved Benefits For The Default Members

Summary New Zealand Government announced a major revamp of its KiwiSaver, reducing it from nine to six. The new improved default providers setting would benefit around 381K Kiwis who are currently in the default schemes. The changed settings w...

Jacinda Ardern Takes TheTop Spot on Fortune List of World Leaders
World News

Jacinda Ardern Takes TheTop Spot on Fortune List of World Leaders

Summary Jacinda Ardern declared the world’s top leader on Fortune List. She beat  the likes of Dolly Parton and Melinda Gates This award is due to proactive work in the pandemic. In a recent update, it’s been announced th...

  • May 14, 2021 06:24 PM NZST
  • Roma
6 Popular Stocks Worth Watching On NZX- PCT, NZK, SML, WHS, MFT, IFT
Stock Market

6 Popular Stocks Worth Watching On NZX- PCT, NZK, SML, WHS, MFT, IFT

Summary What do all these stocks have going for them today? Sneak peak into their latest announcements How have their stocks done in the market today? Companies come up with latest announcements in order to keep their shareholders, invest...

  • May 14, 2021 05:39 PM NZST
  • Roma
APAC markets open mostly in green on Wall Street cues
World News

APAC markets open mostly in green on Wall Street cues

The Asia Pacific (APAC) markets opened mostly in green on Friday, following the Wall Street rally overnight. The Japanese shares were the biggest gainers in the region, with Nikkei225 up 2.3%, having wiped most of the losses it made in the Thursda...

NZ Manufacturing Drops In April, But Still in An Expansionary Mode
Economy

NZ Manufacturing Drops In April, But Still in An Expansionary Mode

Manufacturing in New Zealand’s is lower than in March but is still expanding, said a report by BusinessNZ.  Manufacturing activity dropped by 5.2 points in April as compared to March. According to a report by BusinessNZ. The Performance ...

  • May 14, 2021 05:30 PM NZST
  • Manika
Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
World News

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?

Summary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim...

US tax sleuths, justice dept set to probe Binance: Reports
World News

US tax sleuths, justice dept set to probe Binance: Reports

One of world's largest cryptocurrency exchanges, Binance is facing investigation from the US Internal Revenue Service and the Justice Department, reports said. The probing officials have asked for detailed information from individuals with insight...

Coinbase rides the crypto boom to hit over US$1 billion in revenue
World News

Coinbase rides the crypto boom to hit over US$1 billion in revenue

Coinbase Global Inc (NASDAQ:COIN), a US-based holding company for an cryptocurrency exchange platform by the same name, has reported 9.45 times jump in its revenue as it surged past the $US1 billion-mark in quarterly revenue. The company reported ...

Immigrant Protestors Question Kris Faafoi Regarding Their Plight
World News

Immigrant Protestors Question Kris Faafoi Regarding Their Plight

Summary Immigrant protests outside the Parliament Immigration Minister facing fire over border restrictions. Several families and friends have been stranded on each side of the border. While New Zealand as well as several other countries ...

  • May 14, 2021 02:43 PM NZST
  • Roma
Are These NZX-Listed Freight and Logistics Stocks Good For Investment?—FRE, MFT, TLL & QEX
Industrial Stocks

Are These NZX-Listed Freight and Logistics Stocks Good For Investment?—FRE, MFT, TLL & QEX

Like many other industries, freight and logistics sector in New Zealand were also impacted by COVID-19 related border closures. With lockdowns and other announcements, large scale impact was felt on the freight industry. Freight was affected in many ...

  • May 14, 2021 02:37 PM NZST
  • Manika
A Lens On 5 Big NZX Stories To Catch Up On Friday Afternoon - GNE, JLG, HMY, GMT, TLT
Stock Market

A Lens On 5 Big NZX Stories To Catch Up On Friday Afternoon - GNE, JLG, HMY, GMT, TLT

Summary Genesis Energy presented its governance roadshow, where it stated a minimum EBITDAF of NZ$400 million in FY21. Harmoney Corp recorded a rise of +800% in its group originations. Goodman Property remained poised and posted a statutory PB...

Why has IEA slashed 2021 oil demand forecast?
Commodities

Why has IEA slashed 2021 oil demand forecast?

The oil industry has been on a roller coaster ride since last year. Experiencing gloomy days, the prices of WTI crude oil dipped to negative levels in April 2020 due to supply glut and nearly no buyers. However, a robust vaccination program couple...

Jacinda Ardern Optimistic About NZ’s Growth With Possible FTAs With UK And EU In Future
Economy

Jacinda Ardern Optimistic About NZ’s Growth With Possible FTAs With UK And EU In Future

New Zealand Prime Minister Jacinda Ardern gave valuable insights and spoke on a variety of issues faced by the country during the current year as the nation awaits Budget for this year. Ardern’s speech came almost after a week after Grant Ro...

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