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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Why Are These NZX Stocks –SEK, WHS, MHM, OCA, TLC, WBC-the highlights Today?

Why Are These NZX Stocks –SEK, WHS, MHM, OCA, TLC, WBC-the highlights Today?

  • March 25, 2021 05:07 PM NZDT
  • Manika

Source:thomas, Shutterstock Summary Several important announcements have been made on the NZX Thursday. Seeka announced the acquisition of OPAC. WHS reports a record performance for 1HFY21. MHS gives a list of new projects in the pipeline. ...

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10 Stocks Making Headlines On NZX - KMD, SKO, OCA, TRU, NZL, CEN, AFC, CNU, SPK, PHL

10 Stocks Making Headlines On NZX - KMD, SKO, OCA, TRU, NZL, CEN, AFC, CNU, SPK, PHL

Source: Vintage Tone,Shutterstock New Zealand’s stock market is constantly buzzing with the updates and announcements of numerous companies. Kiwi telecommunications entity 2degrees is aiming towards IPO on both ASX and NZX later this year...

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7 NZX penny stocks getting high traction today

7 NZX penny stocks getting high traction today

  • March 24, 2021 07:02 PM NZDT
  • Sonal

Source: ITTIGallery Shutterstock Summary Penny stocks can be attractive to investors if they have decent underlying fundamentals and technicals. They are liked by risk-taking investors. The chosen penny stocks are trading in green today....

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Top NZX-Listed Gainers and Losers Today

Top NZX-Listed Gainers and Losers Today

  • March 24, 2021 06:35 PM NZDT
  • Manika

a Healthcare, MY Food Bag, and Vista International Group, emerged as losers. The main index, NZX 50, was down 35 points at 12,358 in Wednesday’s trade. Starting in the red, the market picked up intraday. There were several stocks that gain...

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5 NZX Penny Stocks Trading Just Under 50 Cents

5 NZX Penny Stocks Trading Just Under 50 Cents

  • March 24, 2021 02:46 PM NZDT
  • Roma

Source: Tendo, Shutterstock Summary Penny Stocks are low-priced stocks that can be very volatile. Let’s see what announcements and updates these companies have made recently. From new launches, interim reports, to share placements,...

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Why Are These 8 NZX Stocks Creating Buzz-CRP, ARG, KMD, PPH, OCA, BLT, PYS, VGL?

Why Are These 8 NZX Stocks Creating Buzz-CRP, ARG, KMD, PPH, OCA, BLT, PYS, VGL?

Source: SFIO CRACHO, Shutterstock NZX is marked by daily trading of a variety of stocks related to different sectors like retail, financials, infrastructure, healthcare, technology, mining, etc. These stocks sometimes create ripples in their re...

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5 NZX Gainers and Decliners of the day- BRM, CAV, PGW, SKL, CDI

5 NZX Gainers and Decliners of the day- BRM, CAV, PGW, SKL, CDI

Source: ranjith ravindran, Shutterstock Summary The major equity index, i.e., NZX 50 gained 0.53%, from 12,329 to 12,394 points on Tuesday. NZX 50 had a grim start to the week. Some stocks recorded a fall in the share price while some gained ...

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A Look at 7 Stocks Going Ex-Dividend in March

A Look at 7 Stocks Going Ex-Dividend in March

  • March 23, 2021 04:33 PM NZDT
  • Manika

Source:Number1411, Shutterstock Summary March has seen many companies announce their record dates Some of the record dates were early March, but some are yet to come Shareholders have seen good payouts from their respective companies Sev...

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Here’s How 3 Prominent NZX Dairy Stocks Are Performing - ATM, SML, FCG

Here’s How 3 Prominent NZX Dairy Stocks Are Performing - ATM, SML, FCG

  • March 23, 2021 01:29 PM NZDT
  • Roma

Source: Elena Larina, Shutterstock Summary The NZ dairy industry is well poised to adopt sustainable practices and decrease carbon footprint. It is one of the largest contributors to the NZ economy and is a very crucial industry. The ind...

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Do You Know Why These 5 NZX Stocks Are In Spotlight -PHL, AFC, SML, TLS, MCY?

Do You Know Why These 5 NZX Stocks Are In Spotlight -PHL, AFC, SML, TLS, MCY?

Source: TheCorgi, Shutterstock  A country’s economic wellbeing is dependent on diversified pillars namely, healthcare, telecommunications, food & beverages, energy, and industrial sectors. A slight impact to these sectors greatly affe...

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