Stock Market

Accordant Group (NZX:AGL): How did it perform in interim results?

  • October 27, 2021 02:07 PM NZDT
  • Sonal
 Accordant Group (NZX:AGL): How did it perform in interim results?

Highlights Accordant reported strong interim results but was impacted by level 4 lockdown. AGL has a good pipeline of work ahead in H2 FY22. Accordant Group Limited (NZX:AGL) is the largest recruiter in NZ and has 4 trading entities Madiso...

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Why Chatham Rock shares are on a solid ground?

Why Chatham Rock shares are on a solid ground?

Chatham Rock Phosphate Limited (NZX:CRP), which is a Wellington-based company, was amongst the top gainers on the NZX Wednesday with its share price trading almost 5% up, at the time of writing this article. The stock has been performing well ...

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With an aim to execute succession plans, companies go for leadership and auditor changes

With an aim to execute succession plans, companies go for leadership and auditor changes

COVID-19 had a ravaging impact on various businesses all around the world, with many companies laying off workers and many adopting operations that fulfil the requirements of pandemic-affected individuals. Many firms halted their hiring plans in th...

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Why ATM, MEL, AIA are still popular on NZX

Why ATM, MEL, AIA are still popular on NZX

Summary Stocks that offer value and future prospects are popular for investors. Popular stocks offer good YTD returns to investors. Companies which have strong growth plans for the future are also attractive to investors. COVID-19 has a d...

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NZX Listed 3 diversified stocks to watch out for- AIR, MCY, PPH

NZX Listed 3 diversified stocks to watch out for- AIR, MCY, PPH

Summary Diversified stocks aid an investor to manage risk and lessen the effect of market volatility on an array of assets. Last year, Air New Zealand saw a decrease in trade due to COVID-19 whereas Mercury NZ observed mixed results. Pushpay H...

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Precinct Properties (NZX:PCT) divests 50% stake in ANZ Centre

Precinct Properties (NZX:PCT) divests 50% stake in ANZ Centre

Summary Precinct Properties announces preliminary revaluation gain on its portfolio of ~149 m in 6 months period ended December 2020. Precinct Properties struck a deal to divest 50% stake in ANZ Centre for a sum of $177m The proceeds from the ...

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Healthcare stocks continue to grow amid lingering threat of COVID-19

Healthcare stocks continue to grow amid lingering threat of COVID-19

Summary Most healthcare stocks have done well during coronavirus pandemic due to increase in demand. AFT is very strong due to its robust North American plans. CBD volatile due to uncertain regulatory environment, but OCA on a firm footing. ...

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Briscoe’s business shines during COVID-19, sales crosses NZ$700M

Briscoe’s business shines during COVID-19, sales crosses NZ$700M

Summary Briscoe shows better-than-expected performance in this uncertain year. Its sales were up by 7.4% for the whole year. In Q4 itself, its sales jump by a remarkable 18%. Briscoe Group (NZX: BGP), one of the biggest retail chains, whi...

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Will purple patch continue for these NZX-listed Fintech stocks - PPH,HMY,PYS?

Will purple patch continue for these NZX-listed Fintech stocks - PPH,HMY,PYS?

Summary Fintech sector has been gaining attention due to increased digitisation trends in 2020, accelerated by COVID-19. Pushpay Holdings reported solid revenue growth in 6 month period ended 30 September and increased EBITDAF guidance for year...

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NZ travel stocks not flying high. Will they reach for the sky?

NZ travel stocks not flying high. Will they reach for the sky?

Travel and tourism industry has been the worst hit during COVID-19 pandemic all over the world. In New Zealand due to the restrictions on international travel, the tourism sector felt the maximum impact. The bottom lines and profitability of tourism ...

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Why NZME stock is keeping the market abuzz?

Why NZME stock is keeping the market abuzz?

Summary Stock up by 10% on February 5 shows investors seeing value in NZME Limited’s shares. Forager Funds Management company, which has 5% in NZME, is moving 1% of its holdings. NZME has been performing well during COVID-19 pandemic and...

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