News

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

  • September 23, 2022 08:47 PM NZST | Manika
 NZ share market ends lower; NTL and MPG gain; PX1, PYS lose

The NZ share market ends the week in the red The NZ50 was down 0.72% on global cues NTL gained 50%, while tech stocks lose

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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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NZX50 falls on global cues; SPY, ARB gain; MEE and CBD lose

NZX50 falls on global cues; SPY, ARB gain; MEE and CBD lose

  • September 14, 2022 08:53 PM NZST | Manika

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

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Green energy stocks in news after Sovereign Green Bond Programme launch

Green energy stocks in news after Sovereign Green Bond Programme launch

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.

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Briscoe (NZX:BGP ASX:BGP) announces half year results, increases dividend payout

Briscoe (NZX:BGP ASX:BGP) announces half year results, increases dividend payout

  • September 14, 2022 03:12 PM NZST | Manika

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%

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