NZ share market ends lower; NTL and MPG gain; PX1, PYS lose

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

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.

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

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

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.

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

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.

he NZX50 drops 0.9% on global cues Inflation data in the US disappoints This could trigger higher interest rates from the US Federal Reserve

New Zealand Government has announced the launch of the Sovereign Green Bond Programme, thus offering an opportunity to invest in climate and environmental projects. CEN, GNE, and NWF are NZX renewable energy stocks.

Briscoe announced its 1H results today The group reported total sales of NZ$367.95 million, up 2.66% Online sales also increased 22.93%