News

New Zealand Windfarms (NZX: NWF) is in news today; here’s why

  • September 29, 2022 05:00 PM NZDT | Manika
 New Zealand Windfarms (NZX: NWF) is in news today; here’s why

NZ Windfarms holds its annual shareholder meeting today Informs the shareholders of its key business highlights Also announces governance changes within the company

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Tourism Holdings (NZX:THL) is in news today, here’s why

Tourism Holdings (NZX:THL) is in news today, here’s why

  • September 23, 2022 06:42 PM NZST | Manika

NZCC grants clearance to THL to merge with Apollo The clearance came after an undertaking to divest some ATL assets in NZ As per the company, the transaction is likely to be completed by year-end

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Air New Zealand in recovery mode; shares FY23 earnings guidance

Air New Zealand in recovery mode; shares FY23 earnings guidance

  • September 22, 2022 04:59 PM NZST | Manika

Air NZ announced it is on the path to recovery. The airlines expects earnings to be in the range of NZ$200-NZ$275 million in FY23. Air NZ shares were trading in green at the time of writing this.

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NZX 50 closes in red; NTL and AIR gain; MPG, TRU lose

NZX 50 closes in red; NTL and AIR gain; MPG, TRU lose

  • September 21, 2022 08:33 PM NZST | Manika

The New Zealand share market closes in the red as the NZX 50 benchmark index was down 0.62%.

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Why did Metro Glass’ (NZX: MPG) shares move up 10% today?

Why did Metro Glass’ (NZX: MPG) shares move up 10% today?

  • September 20, 2022 08:25 PM NZST | Manika

MPG’s FY22 performance was below expectations due to COVID-19 pandemic-related challenges In FY23, the focus will be on being resilient and improving its Australian market The stock was up 10% in today’s trade

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NZX 50 up 0.33%; GTK, NZK shine; PX1, RAK slip

NZX 50 up 0.33%; GTK, NZK shine; PX1, RAK slip

The NZ share market closed on a positive note on Tuesday. While Gentrack Group, New Zealand King Salmon Investments and Seeka, etc., witnessed share price gains, Plexure Group and Rakon were among the NZX decliners.

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KMD Brands’ (NZX:KMD) shares are in green today, here’s why

KMD Brands’ (NZX:KMD) shares are in green today, here’s why

KMD Brands has today released its FY22 results, delivering a strong performance. It will pay a final dividend on 25 November.

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Why is Contact Energy (NZX: CEN) in news today?

Why is Contact Energy (NZX: CEN) in news today?

  • September 19, 2022 03:26 PM NZST | Manika

Contact is considering a Green Bond offer The proceeds will be used to finance its renewable energy projects Green bonds are usually issued to develop green projects and mitigate the impact of climate change

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NZX 50 skids 0.67%; GEN, MFB up; GEO, RBD down

NZX 50 skids 0.67%; GEN, MFB up; GEO, RBD down

The New Zealand share market fell 0.67% on Friday. Stocks with saw a growth in their prices included General Capital, My Food Bag Group, Harmoney Corp Limited, etc., while Geo, Restaurant Brands New Zealand, Ventia Services Group, etc. were NZX decliners.

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New Zealand GDP up 1.7% in June quarter

New Zealand GDP up 1.7% in June quarter

  • September 16, 2022 03:32 PM NZST | Manika

The NZ economy grows 1.7% in the June quarter The services sector leads the growth Other sectors like retail and agriculture down

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NZX 50 sheds 0.37%; NTL, PX1 rise; PPH, GEO lose

NZX 50 sheds 0.37%; NTL, PX1 rise; PPH, GEO lose

The NZ stock market shed 0.37% at the market close on Thursday, with New Talisman Gold Mines and Plexure Group among the top NZX gainers, while Pushpay Holdings and Geo were the NZX decliners.

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