Stock Market

Wall Street retreats after social media stock rout; SNAP, PINS plunge

 Wall Street retreats after social media stock rout; SNAP, PINS plunge

Wall Street’s main indices closed mixed on Tuesday, May 24, after Snap Inc’s bleak forecast triggered a sector-wide selloff in social media stocks.   The S&P 500 was down 0.81% to 3,941.48. The Dow Jones rose 0.15% to 31,928.62....

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How Are NZ Healthcare Sector And Related Companies Coping Amid COVID-19 Crisis?

How Are NZ Healthcare Sector And Related Companies Coping Amid COVID-19 Crisis?

Source:metam, Shutterstock Healthcare is one of the fastest developing industries across the world. With people becoming aware and conscious about the health, the focus on quality living as increased manifolds. Moreover, with the emergence of COVID...

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Movers and Shakers On The NZX Today?

Movers and Shakers On The NZX Today?

  • March 30, 2021 05:38 PM NZDT
  • Manika

Source:Kurt Kleemann, Shutterstock Summary The market was marginally up on Tuesday. Penny Stocks were amongst the biggest gainers and losers of the day. MWE was the biggest gainer, which went up by 6.45%, and ALF was the loser. The stock...

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Why To Consider These 4 NZX Renewable Energy Stocks In The Portfolio?

Why To Consider These 4 NZX Renewable Energy Stocks In The Portfolio?

Source: hrui, Shutterstock The continuous and non-stop use of non-renewable sources of energy like coal, petroleum, oil, and other fossil fuels have severely affected the earth’s climate, making it toxic and unbreathable for the humanity. As a...

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Are These 5 NZX Stocks Playing To The Gallery In COVID-19 Affected NZ Economy?

Are These 5 NZX Stocks Playing To The Gallery In COVID-19 Affected NZ Economy?

Source:ffikretow, Shutterstock The hard-and-early lockdown imposed by NZ to stop the COVID-19 spread turned out to be the best strategy for the country. COVID-19 pushed the country into worst recession in several years as NZ’s GDP shrank by 12...

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Are these 3 Consumer Cyclical Stocks most sought after on NZX?

Are these 3 Consumer Cyclical Stocks most sought after on NZX?

  • March 29, 2021 04:01 PM NZDT
  • Sonal

Source: insta_photos, Shutterstock Summary Consumer cyclical companies fared well in 2020. The Warehouse Group performed well during the recent Auckland lockdown, but uncertainty remains amid COVID-19. NZME expects to pay dividends and g...

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Would These NZX Tech Stocks Shape Innovations In 2021-VTL, ERD, SKO, ENS, GTK?

Would These NZX Tech Stocks Shape Innovations In 2021-VTL, ERD, SKO, ENS, GTK?

Source:bluebay, Shutterstock The technology sector is represented by software, artificial intelligence, electronics, IT, etc. In the gloomy times amid the pandemic, technology has played an important role in the lives of people and tried fulfilling ...

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5 NZX Stocks with High ROE

5 NZX Stocks with High ROE

Return on equity is one of the popular gauges of profitability and is defined by dividing the annual earnings of the firm by shareholders’ equity. It is a measure of a company’s performance in a given period and gives investors an idea ...

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A Sneak Peak At 7 Most Traded Stocks on The NZX

A Sneak Peak At 7 Most Traded Stocks on The NZX

  • March 26, 2021 06:00 PM NZDT
  • Manika

Source: Robert Kneschke, Shutterstock Stocks with high trading volumes are the most traded stocks. The volumes are calculated based on total sell and buy orders on the stock. Volumes also reflect liquidity of the stock. Generally, higher the tr...

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How diversified portfolio helps investors in assessing best NZX options

How diversified portfolio helps investors in assessing best NZX options

  • March 26, 2021 03:55 PM NZDT
  • Sonal

me, and commodities fall in the category of a typical diversified portfolio. Diversification is an approach through which different investments are combined in a single portfolio. A diversified portfolio is a series of investments in a variety o...

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A Look At Some Gainers And Losers on NZX Today

A Look At Some Gainers And Losers on NZX Today

Source: G-Stock Studio, Shutterstock Summary The main equity index NZX 50 closed up on Thursday, gained 29 points intraday. There were gainers and losers in Thursday’s trade, depending what the company had to offer in terms of its update...

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