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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PaySauce (NZX: PYS)shows revenue and client growth in 3QFY21

PaySauce (NZX: PYS)shows revenue and client growth in 3QFY21

Summary PaySauce announced 44% growth in total recurring revenue from pcp in the third quarter report. Having witnessed a steady growth in the year 2020 despite COVID-19 woes, the Company has solidified itself as a tough one to survive the turm...

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Why AIA recovery would remain sluggish in 2021?

Why AIA recovery would remain sluggish in 2021?

Summary Auckland International Airport saw an exceptional fall in passenger traffic in 2020. Its month-on-month data showed a steep decline in international travellers, though some months were better for domestic travel. Cash flows in 2021 is ...

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ArborGen Holdings (NZX:ARB) updates earnings guidance amid COVID-19

ArborGen Holdings (NZX:ARB) updates earnings guidance amid COVID-19

ArborGen Holdings (NZX:ARB) updated its earnings guidance on 13 January amid COVID-19 disruptions. The Company now expects to achieve about 95% of the US$40 million sales revenue (previous prediction) in the US. Subsequently, US GAAP EBIDTA that incl...

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Here’s why Rua Bioscience Ltd.’s (NZX:RUA) share price is trading high

Here’s why Rua Bioscience Ltd.’s (NZX:RUA) share price is trading high

Rua Bioscience Ltd (NZX:RUA), which got listed on NZX in October 2020, is trading 1.79% up at NZ$ 0.570 on the New Zealand Stock Exchange at the close of the trading session, on Tuesday. The Initial Public Offering (IPO) in October raised NZ$20 mil...

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Why CDL Investments New Zealand’s (NZX:CDI) share price closed higher today?

Why CDL Investments New Zealand’s (NZX:CDI) share price closed higher today?

Summary CDL Investments New Zealand Ltd. (NZX:CDI) is poised for growth in FY21 through a well-planned strategy, leading to more sales of residential units CDI has performed well in the first half of 2020 , despite COVID-19 disruptions CDI is ...

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Is Chatham Rock’s (NZX:CRP) share price up because of merger with Avenir Makatea

Is Chatham Rock’s (NZX:CRP) share price up because of merger with Avenir Makatea

Summary Chatham Rock Phosphate (NZX:CRP) announced its merger plans with Avenir Makatea, another phosphate mining Company Through this merger, CRP will be able to supply organic phosphate to New Zealand farmers and expand to other geographies. ...

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Fonterra's (NZX:FCG) launches milk Phospholipids to fight mental stress

Fonterra's (NZX:FCG) launches milk Phospholipids to fight mental stress

With a rise in stress and anxiety levels, more and more Americans are going under some kind of mental problem, ranging from mood swings to long-term sleep disorders. Subsequently, with the increasing market engagement in mental health and wellness, c...

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NZX-listed growth stocks that can be considered in 2021

NZX-listed growth stocks that can be considered in 2021

A growth stock is a stock that demonstrate high potential for development and can increase a company’s earnings more rapidly than the average growth within a industry. These stocks do not pay dividends as they tend to reinvest the earnings to g...

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Summerset Group posts record number in sales of Occupation Rights in Q4 2020

Summerset Group posts record number in sales of Occupation Rights in Q4 2020

Summary Summerset Group sells 296 units in the last three months of 2020, out of which 176 were new sales, and 120 resales. The Group expects bigger sales in the first half of 2021 on the back of encouraging results gained in pre-sales 2021. T...

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Spark’s (NZX:SPK) generates interest after spelling out a 3-year strategy

Spark’s (NZX:SPK) generates interest after spelling out a 3-year strategy

Summary COVID-19 presented huge opportunities for the company in terms of digital products. The Company’s FY performance was robust as it picked from flat growth of the past three years. Spells out its next three-year strategy – fr...

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