Which 2 NZX wine stocks can be considered in 2022?
Highlights New Zealand produces 1% of the world’s total wine in terms of volume. Delegat Group expects its 2022 operating profit result to be in the range of $57 million-$61 million. Foley Wines expects its operating earnings before tax ...
- January 22, 2022 12:10 AM NZDT
- Sonal
Which 4 NZ banks can be watched out for in 2022?
Highlights New Zealand banks have been very resilient despite COVID-19 disruptions. Westpac reported strong growth in its cash earnings in FY21. ANZ saw strong revenue and profits growth in FY21. The banking sector is the mainstay of any ...
- January 22, 2022 12:00 AM NZDT
- Manika
Should Canadians worry about the proposed Russia crypto ban?
Intensifying its stance against cryptocurrencies, Russia's central bank called for a blanket ban and dubbed them volatile. The Central Bank of Russia reportedly said that digital assets are used in illegal activities and threaten the country's fin...
- January 21, 2022 04:37 AM EST
- Raza Naqvi
One Technology Company with Accelerating Growth Potential
As the market participants know, the outbreak of the COVID-19 impacted several industries as well as companies. The performance of several companies was impacted due to the impact of COVID-19 pandemic. However, now there are some sectors which could ...
- January 21, 2022 10:28 PM NZDT
- Team Kalkine Media
SUKU price prediction 2022. Can it cross $1 soon?
Highlights SUKU claims to have three verticals -- DeFi, Metaverse, and digital marketing (omni) SUKU crypto is rising at a time when biggies like BTC and Ether are losing value Altcoins performed well last year, but volatility ails both ...
- January 21, 2022 09:20 PM NZDT
- Ankit Sethi
NZ extends COVID-19 isolation period, plus more updates
As another week draws to the closure, let us make a quick scan of some of the latest updates attracting interests of New Zealanders. Source: © 2022 Kalkine Media® NZ stretches COVID-19 cases’ isolation period Owing to Omicron's ...
- January 21, 2022 08:30 PM NZDT
- Jasmine Anand
What is Cardano ADA price prediction after SundaeSwap launch?
Highlights SundaeSwap, a DeFi protocol, has now launched on Cardano network Reports suggest a little congestion and errors experienced by users of the SundaeSwap DEX ADA price movement would also rely on how SundaeSwap performs in the coming d...
- January 21, 2022 08:25 PM NZDT
- Ankit Sethi
Broader Selling Impacted NZ Market
On 21st January 2022, the equity market in New Zealand closed in red after huge selling was witnessed in the consumer staples as well as financials sectors. On the same day, NZX 50 Index fell by 1.19% and NZX All Consumer Staples declined by 2.72%. N...
- January 21, 2022 07:40 PM NZDT
- Team Kalkine Media
All you need to know about Cryptoland metaverse
Highlights Cryptoland would be developed on an island to enable enthusiasts to live and work together The project has NFT and metaverse underpinning, which might pique interest Cryptoland does not have a native token as of now, and its NFTs ma...
- January 21, 2022 07:36 PM NZDT
- Ankit Sethi
Would 4 NZX penny stocks prove to be multibaggers this year?
Highlights Investing in penny stocks can be risky and volatile due to their low price and low liquidity. These stocks can turn into multibagger stocks due to an increase in their prices variably from the time money was invested in them. Wellin...
- January 21, 2022 07:22 PM NZDT
- Sonal
What is Twitter’s new feature about NFT and profile picture?
Highlights Twitter comes up with a new feature, allowing its users to display their NFTs as their profile pictures. New NFT avatars would appear in a hexagonal border instead of a circle. At present, the service is extended to Twitter Blue sub...
- January 21, 2022 06:29 PM NZDT
- Jasmine Anand
Auckland International (NZX:AIA): How would it perform in its interim results?
Highlights Auckland Airport had remained resilient amid tough months of uncertainty and constant disruption. The Group has committed to secure infrastructure projects with construction to be aligned with aviation’s recovery. AIA is...
- January 21, 2022 06:27 PM NZDT
- Sonal
Why is crypto market down? 5 key reasons
Highlights The Fed may hike rates soon, and investors may be trimming their bets on riskier assets Russia may become another major economy to ban cryptos if its central bank’s proposals are accepted A few metaverse tokens have defied the...
- January 21, 2022 06:16 PM NZDT
- Ankit Sethi
Which are 5 prominent NZX agriculture stocks to follow in 2022?
Highlights Agriculture is one of the most important sectors of the NZ economy. It contributes substantially to the GDP. There are diverse companies in the agri sector of NZ. The agriculture industry is New Zealand’s major contributo...
- January 21, 2022 04:13 PM NZDT
- Manika
ikeGPS (NZX:IKE): What is its latest contract with electric utility consumer?
Highlights ikeGPS Group reveals entering into a contract worth NZ$0.9 million with a new electric utility customer from the US. The Group will help in supporting the customer’s key multi-year grid assessment as well as hardening work. ...
- January 21, 2022 03:48 PM NZDT
- Jasmine Anand
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My Food Bag (NZX:MFB): The Company ends Q3 FY22 on a strong note
Highlights MFB witnessed a 9% jump in deliveries to nearly 388k in Q3 FY22. The Group reaffirmed its earnings guidance for FY22 given the strong performance in the first 3 quarters of FY22 and optimistic trading in January. My Food Bag Gro...
- January 21, 2022 01:58 PM NZDT
- Sonal
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US stocks retreat for third straight day on inflation woes
US stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....
- January 20, 2022 02:31 PM PST
- Versha Jain