Stock Market

Sky Network TV(NZX:SKT): Why did it increase FY22 guidance?

Communication stocks

Highlights Sky Network Television has raised its FY22 guidance following increased cost savings due to a prudent cost and CAPEX review. It has increased its EBITDA guidance for FY22 and now expects in the range of NZ$150 million to NZ$160 milli...

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Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

  • April 13, 2021 08:27 AM AEST
  • Ashish

the economy along with increased uncertainty in revising its ratings for ANZ. Fitch Ratings revised the rating on long-term issuer Default Rating (IDR) for ANZ (ASX:ANZ) and its wholly owned New Zealand subsidiary ANZ Bank New Zealand Ltd (ANZN...

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Here Are 10 Most Traded Stocks On The NZX Today

Here Are 10 Most Traded Stocks On The NZX Today

  • April 12, 2021 06:09 PM NZST
  • Manika

Source: GH Studio, Shutterstock Stocks which have the highest volumes can also be called the most traded stocks on the markets.  The volumes are high due to the buys or sells on the stock at a particular price. Volumes also show how liquid the ...

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Why Did These 5 NZX Stocks Gain Or Lose Today?  - NTL, RAK, SCT, MWE, RYM

Why Did These 5 NZX Stocks Gain Or Lose Today?  - NTL, RAK, SCT, MWE, RYM

  • April 10, 2021 12:10 AM NZST
  • Roma

Source: Andrey Tolkachev, Shutterstock Summary In the dynamic market conditions, what went up, and what went down? What have these stocks recently updated in terms of announcements? How has the vaccine roll-out helped in shaping the stock per...

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5 things to know about what happened on NZX so far - PEB, KMD, SPK, ERD, VGL

5 things to know about what happened on NZX so far - PEB, KMD, SPK, ERD, VGL

Source: worradirek, Shutterstock With the economy witnessing new changes every day, stocks keep on fluctuating on NZX every day. The benchmark S&P/NZX50 Index had closed up 1.38% at 12,659.5 on Thursday. However, the index was down 0.2% to 12,60...

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Air New Zealand Granted Loan Extension of NZ$600M

Air New Zealand Granted Loan Extension of NZ$600M

  • April 09, 2021 03:13 PM NZST
  • Roma

Source: Petr Sommer Photography, Shutterstock Summary Air New Zealand defers capital raise initiative, gets a new loan of NZ$600 M The proposed equity raise initiative has been deferred to September due to evolving situations related to the CO...

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Air New Zealand Defers Capital Raising by Three Months  

Air New Zealand Defers Capital Raising by Three Months  

Source:markus,Shutterstock New Zealand’s national carrier Air New Zealand Limited (ASX:AIZ, NZX:AIR), hit hard by the COVID-19 pandemic, has decided to defer its proposed capital raising plan by three months. Source: © Danox | Megapixl...

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How Are These 6 Stocks Moving On NZX Today-EVO, TRU, LIC, RUA, RAK, GXH?

How Are These 6 Stocks Moving On NZX Today-EVO, TRU, LIC, RUA, RAK, GXH?

Source: Yermek, Shutterstock Technology, Telecommunications, Healthcare and Consumer are the key sectors that drive an economy. Even a slight boost in these sectors, paves the way for the development of the associated entities, which in turn promote...

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How Are These 5 Stocks Performing Amid NZ Vaccine Rollout? CEN, MFT, GNE, FPH, OCA

How Are These 5 Stocks Performing Amid NZ Vaccine Rollout? CEN, MFT, GNE, FPH, OCA

  • April 08, 2021 05:22 PM NZST
  • Roma

Source: New Africa, Shutterstock Summary Vaccine rollout will have a favourable impact on various sectors New Zealand has started its vaccine rollout plan in right earnest. Have a look at how these five stocks that have done well Amidst ...

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Will A New Tech Expert Fix NZX’s Technology Issues?

Will A New Tech Expert Fix NZX’s Technology Issues?

  • April 08, 2021 02:33 PM NZST
  • Manika

Source: spainter_vfx, Shutterstock Summary NZX faced major technology glitches in 2020. Market watchdog, FMA, had raised several questions on inadequate infrastructure. NZX announced several steps in this direction in its annual general meeti...

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Why Are These 6 Stocks Creating A Buzz On NZX – WBC, SCL, AGL, GNE, PEB, VGL?

Why Are These 6 Stocks Creating A Buzz On NZX – WBC, SCL, AGL, GNE, PEB, VGL?

Source: ramcreations, Shutterstock New Zealand’s stock market is constantly abuzz with several notifications and declaration by companies belonging to varied sectors. On 7 April, one of the big four banks of Australia and dual listed stock (b...

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