Stock Market

Donations pour in to help Tongan families, plus more NZ news

NZ news

Highlights Donations are being called for helping tsunami-hit Tongan families. NZ business confidence takes a dip owing to rising inflation. NZM completes the acquisition of BusinessDesk. Let us take a peek at some of the attention-grabbi...

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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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Upcoming Events: Key Highlights From NZX Listed Companies This Week

Upcoming Events: Key Highlights From NZX Listed Companies This Week

Summary Several important events are taking place in relation to NZX companies this week. Contact Energy has issued its ASX dividend totalling NZ $0.155 for Australian investors. Many important financial reports are due in this week. Particula...

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Five Great Stocks to Watch Out For in February

Five Great Stocks to Watch Out For in February

It’s always good for an investor to have a mixed portfolio of assets and within that, a portfolio of diversified stocks to get the maximum returns. Different stocks perform differently in the same macro-economic environment. That way investors ...

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Seven penny stocks worth looking at on the NZX

Seven penny stocks worth looking at on the NZX

Penny stocks are small company stocks with low-market capitalisation and low prices. These stocks have a lesser number of buyers and, therefore, are termed as illiquid. Since they are also speculative in nature, the investors willing to take risks sh...

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Who Are The 3 Biggest Gainers On The NZX 50?

Who Are The 3 Biggest Gainers On The NZX 50?

Every month there are gainers and losers on the NZX 50. Typically, a stock price will move in response to developments and announcements coming out of a company or their industry. Source: ©Rajachadive|Megapixl Let us examine why the 3 follow...

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Are These 3 NZX Port Operators – POT, NPH, SPN Flavour Of The Month?

Are These 3 NZX Port Operators – POT, NPH, SPN Flavour Of The Month?

Summary The NZX-listed port operators were not adversely affected by Covid-19 disruptions in 2020. Strong fundamentals have meant that they proved resilient. Port of Tauranga continues to invest in building outs its ability to handle larger shi...

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Report Card: Telstra And Downer’s Six Months Performance

Report Card: Telstra And Downer’s Six Months Performance

Summary Half -year results announced by Telstra and Downer reflected reduced income because of COVID-19 crisis. Telstra continues to be the leader in offering 5G services and is responsible for providing over a million 5G devices through its ne...

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