Stock Market

5 NZX stocks with highest YTD returns that can be explored

Stocks with YTD returns

Highlights Investors are hooked on those stocks which have attractive YTD returns. Enprise Group, with a YTD return of 157.14%, will reward its shareholders with a dividend on 21 September. ArborGen Holdings announces the results of its Annual...

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How would Rocket Lab’s (NASADQ:RKLB) new production facility enhance its business?

How would Rocket Lab’s (NASADQ:RKLB) new production facility enhance its business?

Highlights Space company Rocket Lab began trading on NASDAQ last month. After securing significant contracts related to satellite constellations, the Company has announced the expansion of its production facility. Its rocket launch mission sch...

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General Capital (NZX:GEN) meeting results indicative of caution

General Capital (NZX:GEN) meeting results indicative of caution

  • September 03, 2021 03:25 PM NZST
  • Roma

Highlights General Capital announces results of its annual meeting. Gets shareholders’ approval for its resolutions  In the Annual General Meeting held by General Capital Limited (NZX:GEN) on Friday, the shareholders approved th...

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NZ’s Central Bank suggests stricter LVRs to lower the risky mortgage lending

NZ’s Central Bank suggests stricter LVRs to lower the risky mortgage lending

Highlights New Zealand property market continues to intensify with its increasing prices. The NZ Government is making all efforts to reduce the surging property prices, by further strengthening the LVRs. The country’s Central Bank is...

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Michael Hill International (NZX:MHJ) announces record digital first sales

Michael Hill International (NZX:MHJ) announces record digital first sales

  • September 03, 2021 12:49 PM NZST
  • Roma

Highlights Michael Hill announces results for FY21, reports strong digital-first sales Store closures across geographies due to lockdown reported Strategy for growth and expansion in place backed by a strong team. Michael Hill Internation...

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NZ’s export prices elevate its merchandise terms of trade

NZ’s export prices elevate its merchandise terms of trade

Highlights For the June quarter 2021, New Zealand witnessed a rise in its merchandise terms of trade underpinned by growth in export prices of its forestry and dairy products. New Zealand’s export prices rose mainly on account of dairy an...

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Plexure (NZX:PXI) completes institutional placement to NZ & Australian investors

Plexure (NZX:PXI) completes institutional placement to NZ & Australian investors

  • September 02, 2021 10:56 AM NZST
  • Manika

Highlights Institutional placement worth AU$15 million complete Proceeding with AU$5 million shareholder placement The new capital raise will fund the acquisition of TASK and its subsidiaries Plexure Group Limited ((NZX: PXI)) announced o...

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Webjet (ASX:WEB): Is the Company on the right track for recovery?

Webjet (ASX:WEB): Is the Company on the right track for recovery?

Highlights Headquartered in Melbourne, Webjet is a leading travel-based company in Australia. The Company's business was impacted due to Covid related restrictions and lockdowns. However, by diversifying its business strategy and focusing on d...

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How does TrueScreen (NZX:TRU) plan to expand in China and Europe?

How does TrueScreen (NZX:TRU) plan to expand in China and Europe?

  • September 01, 2021 06:41 PM NZST
  • Roma

Highlights  TruScreen highlights its expansion plans in the latest trading update. COGA evaluation to determine whether TruScreen will become a primary screening tool in the near future. YTD sales witness 36% growth on pcp between April t...

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Why can NZ investors explore these 2 ASX stocks? – Z1P & XRO

Why can NZ investors explore these 2 ASX stocks? – Z1P & XRO

  • August 31, 2021 03:45 PM NZST
  • Sonal

Highlights Investors are on a search for investment opportunities in companies. Zip delivered record FY21 results with growth in revenue and transaction numbers. Xero finished FY21 strongly, entering FY22 with momentum. Investors are alwa...

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How has Alibaba Group (NYSE:BABA) envisioned its future path?

How has Alibaba Group (NYSE:BABA) envisioned its future path?

Highlights Alibaba Group Holding is a globally renowned E-commerce company. The Company delivered a solid financial result ended the June quarter 2021, with a 34% year-over-year growth in its revenue. BABA continues to aim at enhancing its cus...

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