THL, SKO, AIA: Tourism stocks in focus as Govt pledges funding boost
Highlights NZ authorities announce new investment support to enhance opportunities for businesses, workers, as well as local communities Tourism Holdings provides an FY22 trading update Serko posts a remarkable full-year performance; total inc...
- May 23, 2022 09:21 PM NZST
- Jasmine Anand
TRU, ARB, BFG- 3 penny stocks under 50 cents that ended in green today
Penny stocks refer to stocks of small companies that trade at a low price. There are many companies with good financials and growth potential that have the capability to generate high returns and these stocks do not have any entry barrier. However...
- May 23, 2022 06:57 PM AEST
- Sonal Goyal
KPG, GMT, PCT: 3 real estate stocks to watch as RBNZ to hike OCR
Highlights The Central Bank to meet on Wednesday to review the monetary policy It is expected to increase the OCR again in its second monetary meet Some say it may raise the OCR by 50 bps, while others are expecting a 25-bps raise The Res...
- May 23, 2022 08:37 PM NZST
Labor Party win in Australia: How will the result affect New Zealand?
Anthony Albanese, belonging to the Labor Party, was sworn in as Australia's 31st Prime Minister on Monday. Albanese defeated Conservative Party's Scott Morrison on Saturday night after a six-week campaign. This ended the Conservative Party ru...
- May 23, 2022 08:09 PM NZST
NZX 50 rises 0.44%; all eyes on RBNZ’s OCR decision; AFT, ERD Rally
rose 0.29%. The New Zealand share market ended higher on Monday. However, inflation and increasing interest rates continue to worry investors, clouding the global economic outlook. Investors are also bracing up for a 50bps rate hike by the RBNZ ...
- May 23, 2022 07:04 PM NZST
Kiwi Property (NZX:KPG) sees 14% rise in its NPAT; shares up ~4%
One of the country’s leading companies engaged in the property investment business is Kiwi Property Group Limited (NZX:KPG), which today released a robust FY22 result. Must Read: From KPG, RBD to OCA- 5 NZX small caps flying high in 2022 ...
- May 23, 2022 04:14 PM NZST
- Jasmine Anand
MFT, MOV: 2 freight and logistics stocks on watchlist amid supply chain woes
Highlights Businesses are now looking for ways to reduce their exposure to increases in global shipping rates and delays. Mainfreight is due to conduct its annual shareholder meeting on 28 July 2022. Move Logistics expects underlying EBITDA to...
- May 23, 2022 03:47 PM NZST
Tesla, KIA, Hyundai, Nissan: 4 EV stocks Kiwis can look forward to in 2022
Highlights Electric vehicles are going to witness an increased demand with new ERP ERP sets out a target of a 30% increase in zero-emissions vehicles of the light fleet Hyundai and Kia have announced plans to increase their spending on EVs to ...
- May 23, 2022 03:42 PM NZST