Broader Selling Pressure in Indices, Pulled the NZX Market Lower

• July 30, 2021 02:40 PM NZST
• Sonal

Investors rushed to digital currencies amid times of economic instability created by the pandemic, making 2020 a great year for all digital coins. However, in 2021, several top cryptocurrencies set new highs, indicating even more remarkable growth....

• July 30, 2021 01:25 PM NZST
• Daniel Paul Johns

Summary A panel of cryptocurrency experts predicted this week that Ethereum’s price might hit US$4,600 by year-end. This would be nearly double the price as of 29 July 2021, which sits at approximately US$2,319. Coinbase reported Ether ra...

• July 30, 2021 12:32 PM NZST
• Roma

Offering dividends may arguably be one of the best ways for keeping shareholders interested in the business generating trust in the business’s stability and longevity. While looking for companies to invest with, it's dividend paying capacity,...

• July 30, 2021 12:28 PM NZST
• Jasmine Anand

Volume of any stock trading during the market session plays an important role in an investor’s decision to make an investment. Trading volume reflects the number of securities exchanged amid the trading session at any period.  Let us no...

• July 29, 2021 02:50 PM PDT
• Sanjeeb Baruah

Benchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...

• July 30, 2021 09:45 AM NZST
• Daniel Paul Johns

Summary  Another crypto that started as a joke, ELONGATE, has gained significant popularity of late. As per its website, ELONGATE’s goal is to grow a global movement that goes against traditional financial systems by linking profitab...

• July 30, 2021 02:26 AM NZST
• Team Kalkine Media

Summary  I3 Energy’s two wells at Martin Hills are now in production, and the clean-up process is currently underway. The company has also completed the Wapiti production acquisition, effective 1 April 2021. The company reported 09-...

• July 29, 2021 10:45 PM NZST
• Kamalika Ghosh

After losing almost 53% between April and July, Bitcoin has bounced back by gaining 32% in the past week. Cryptocurrencies are linked to volatility and investors are used to such unnerving moments fall and rise. In the last one year, the cryptocurr...

• July 29, 2021 08:29 PM NZST
• Team Kalkine Media

On 29th July 2021, the NZ market was supported by the significant buying in the Energy, Industrials, and Materials stocks, among others. NZX 50 Index rose by 1.06% to 12,728.85 and NZX 20 Index increased by 1.21% to 8,077.43. Notably, NZX 10 Index wi...

• July 29, 2021 07:58 PM NZST
• Jasmine Anand

One of the most talked-about cryptocurrencies of recent time is known as SafeMoon. Being launched in March 2021, SafeMoon took inspiration for its slogan (safely to the moon) from the English phrase-to the moon. And, in such a short span of time, i...