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Which 5 NZX stocks witnessed the highest trading volumes on Tuesday?
Healthcare Stocks

Which 5 NZX stocks witnessed the highest trading volumes on Tuesday?

The most traded stocks are those that trade the most shares in a particular period. Higher trade suggests more market liquidity, which signals increased trading volume. The most regularly traded securities are generally the day's, week's, month...

  • June 22, 2021 09:34 PM NZST
  • Sonal
COVID-19 a tailwind for pet care: What does the future hold?
World News

COVID-19 a tailwind for pet care: What does the future hold?

Summary With pet owners spending more time with their pets, the animal health industry has witnessed a significant boost over the past 12 months. Amid the COVID-19 pandemic, pet therapy has become a popular medicine for humans. Several advance...

Are these 6 NZX stocks the biggest movers and shakers of the day?
Stock Market

Are these 6 NZX stocks the biggest movers and shakers of the day?

Summary The a2 Milk Company affirms its regulatory compliance. Tower provides a financial update on the recent Canterbury flooding. TruScreen Group reveals its preliminary results for FY2021, which reflect the impact of the coronavirus pandemi...

The NZX 50 Added 35.44 Points on Tuesday, Primarily Led by Buying in Health Care and IT Stocks
Market Updates

The NZX 50 Added 35.44 Points on Tuesday, Primarily Led by Buying in Health Care and IT Stocks

On 22nd June 2021, broader NZ market ended the session in green, mainly driven by buying in Health Care and IT stocks. Notably, NZX 50 rose by 0.28% to 12,534.80 and NZX 20 increased by 0.20% to 7,935.75. On 22nd June 2021, NZX All Health Care rose b...

How does New Zealand’s healthcare system work?
Healthcare Stocks

How does New Zealand’s healthcare system work?

Summary New Zealand has an accessible healthcare system and is amongst the best in the world. Public healthcare is subsidised for free and is funded through general tax while private sector provides faster treatment but is more expensive. Priv...

  • June 22, 2021 07:35 PM NZST
  • Sonal
What’s the link between ByteDance and TikTok?
World News

What’s the link between ByteDance and TikTok?

ByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc...

Can penny stocks on NZX also be multibaggers?
Penny Stocks

Can penny stocks on NZX also be multibaggers?

Summary Penny Stocks are cheap stocks that are attractive to some investors. Many companies that are big today started off as penny stocks, but most penny stocks fail. NZ’s A2Milk company started off as a penny stock company with its sha...

  • June 22, 2021 05:53 PM NZST
  • Manika
Is Crowdfunding the last resort to save Boeing 747?
World News

Is Crowdfunding the last resort to save Boeing 747?

Summary The final moments of the Air New Zealand 747? Crowdfunding only hope for conservation of Plane 18 days left to try to save the craft In a recent announcement, the last Boeing 747 plane in Air New Zealand  shall be retired fro...

  • June 22, 2021 05:36 PM NZST
  • Roma
Is Kiwi Consumer confidence on a recovery mode?
Economy

Is Kiwi Consumer confidence on a recovery mode?

Summary The Westpac-McDermott Miller Consumer Confidence Survey rises 1.9 points to 107.1 in Q2 of 2021. The survey showed that the consumer confidence is improving and is on a recovery mode. Households were now spending more on entertainment ...

  • June 22, 2021 02:22 PM NZST
  • Sonal
Bitcoin in a freefall as China doubles down on crypto crackdown
World News

Bitcoin in a freefall as China doubles down on crypto crackdown

Bitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation.  The price of the world’s largest cryptocurrency – Bitcoin – has now crashed more than 10% in the last 24 hours as China further tightened...

What are battery metals? Why is their demand growing?
Commodities

What are battery metals? Why is their demand growing?

Summary The fastest-growing storage technology, batteries play a vital role in the low-carbon transition. The demand for battery metals such as lithium, nickel and cobalt has surged amid soaring demand for electric vehicles. These metals are u...

Christchurch Factory believes it can help deal with NZ housing problem
World News

Christchurch Factory believes it can help deal with NZ housing problem

Summary Concision offers modern techniques of construction. They offer wastage reduction and cost saving. Reluctance being faced from different agencies and developers. Since housing problem is an overwhelming problem in New Zealand, diff...

  • June 22, 2021 01:37 PM NZST
  • Roma
How to trade on the NZX? How to buy Australian shares in New Zealand?
Stock Market

How to trade on the NZX? How to buy Australian shares in New Zealand?

Summary Anyone who is a NZ resident and has NZ bank account can trade on the NZX. One can buy shares either directly or through a broker. New Zealanders interested in buying shares in Australian companies can do so with various options availa...

  • June 22, 2021 12:23 PM NZST
  • Manika
What is causing the price movement in these 4 NZX stocks?
Stock Market

What is causing the price movement in these 4 NZX stocks?

Gainers and decliners in various industries are tracked by stock markets across the world. These are used by trade analysts and industry professionals to forecast stock movements. Moreover, the trend provides significant information to investor...

  • June 22, 2021 12:09 PM NZST
  • Sonal
Rebound in energy, industrial stocks lift Wall Street
Market Updates

Rebound in energy, industrial stocks lift Wall Street

Benchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...

Amazon (NASDAQ: AMZN) Prime Day sale kicks off; 2 mn deals on offer
World News

Amazon (NASDAQ: AMZN) Prime Day sale kicks off; 2 mn deals on offer

Summary Two-day Amazon Prime Day sale has 2 million products on offer across 20 countries. In 2020, Amazon’s Prime Day sales were up 45.2% to US$104 billion from the previous year. Macy’s, Kohl’s, Walmart, Bed, Bath & Bey...

China intensifies crackdown on crypto mining industry
World News

China intensifies crackdown on crypto mining industry

Summary Chinese authorities have ordered the financial institutions to refrain from offering crypto services in a latest of a series of clampdown on the digital currency market. The central bank said cryptocurrency trade could lead to illegal a...

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