Stock Market

Top 8 headlines grabbing the limelight in NZ market today

NZ news

Highlights Seventy-five new Delta cases detected in Auckland. Joiy Wines, leading NZ canned wine exporter, to set foot on US shores. Wellington's sports facility ceases its operations, paves way for the expansion of the dance and drama institu...

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Five NZX stocks gaining momentum for the day

Five NZX stocks gaining momentum for the day

  • February 18, 2021 06:34 PM NZDT
  • Sonal

Summary The benchmark S&P/NZX 50 index closed down 0.32% at 12,633.60 points on 18 February. New Talisman Gold Mines was the top gainer of the day and NTL shares traded at $0.005, up by 25%. Rakon, TIL Logistics and Arborgen Holdings were ...

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How Have These 3 Stocks Performed On NZX- GMT, ZEL, AIR?

How Have These 3 Stocks Performed On NZX- GMT, ZEL, AIR?

  • February 18, 2021 06:30 PM NZDT
  • Roma

Summary Goodman Property Trust reveals a statutory profit of $186.4m earned in half yearly results was down on pcp. Z Energy satted plan of action for improvement after recording a 48% decline in RC EBITDAF compared to pcp. Air New Zealand too...

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Here’s how ANZ performed in 1Q FY21

Here’s how ANZ performed in 1Q FY21

On 18 February 2021, Australia and New Zealand Banking Group Limited (ASX:ANZ) released its trading update for the first quarter ended 31 December 2020. The bank posted a net profit after tax of $1.62 billion and a cash profit from unaudited operat...

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Why These 4 Stocks Are Keeping The NZX Abuzz - MCK, APL, FCT, HLG?

Why These 4 Stocks Are Keeping The NZX Abuzz - MCK, APL, FCT, HLG?

Summary Millennium & Copthorne Hotels announces FY20 results and will not declare dividend for FY20 owing to COVID-19. Asset Plus will expand its work premises to a strategic location. Investment giant F & C Investment purchases 42,000...

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Are Fletcher And Ebos Poised To Have A Banner Year After Strong H1 FY21?

Are Fletcher And Ebos Poised To Have A Banner Year After Strong H1 FY21?

Summary Fletcher Building and EBOS remain insulated from the impacts of COVID-19 pandemic. Report better-than-expected results in the first half of FY21 ending December 31, 2020. Both Groups show earnings and profitability growth due to certai...

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Report Card: How Did These 4 NZX Stocks Perform in 2020?

Report Card: How Did These 4 NZX Stocks Perform in 2020?

A financial report serves as a snapshot, which illustrates how a company worked during a time-period. It also tells about the drivers and deterrents in the performance. In Q2 of 2020, the battle against the COVID-19 pandemic led the NZ e...

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Are These 2 NZX Stocks- PCT, HMY Ready To Turn The Corner In Next Week Results?

Are These 2 NZX Stocks- PCT, HMY Ready To Turn The Corner In Next Week Results?

The NZX will be flooded with half-year and full-year financial reports next week. Almost 20 companies are expected to update the market as to their financial health. The reports will highlight the outlook for the companies moving forward in additi...

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What are Asset Plus’ (NZX: APL) plans for interim dividend?

What are Asset Plus’ (NZX: APL) plans for interim dividend?

  • February 16, 2021 07:51 PM NZDT
  • Roma

Asset Plus Limited (NZX: APL) announced its dividend distribution plan for the quarter ending December 31. The decided upon gross dividend for the duration is 0.56 cents for each share. The dividend is broken down into cash and imputation credits. ...

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Contact’s (NZX:CEN) private placement of NZ$325m fully subscribed

Contact’s (NZX:CEN) private placement of NZ$325m fully subscribed

Dual-listed Contact Energy (NZX:CEN) on Tuesday announced a private placement to raise NZ$325M, which was fully subscribed. In an update, the Company revealed that after the competition of book building, the private placement to a small number of e...

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Why Contact (NZX:CEN) stock lost steam despite its plan to build Tauhara geothermal plant?

Why Contact (NZX:CEN) stock lost steam despite its plan to build Tauhara geothermal plant?

Contact Energy (NZX:CEN), which is one of New Zealand’s largest energy providers, announced Monday that it was finally proceeding with the development of a new 152-megawatt geothermal power station at Tauhara near Taupo. While releasing its ...

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