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NZX 50 sheds 1.10%; MHM, RAK up; NTL, GFI down

 NZX 50 sheds 1.10%; MHM, RAK up; NTL, GFI down

NZX 50 slipped 1.10% on Friday, with MHM Automation being the top NZX gainer, followed by Rakon, Scott Technology, and Plexure Group. On the other hand, New Talisman Gold Mines, and Greenfern Industries, etc., were in the red zone.

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Avalanche (AVAX) crypto: What is it? Is it a threat to Ethereum?

Avalanche (AVAX) crypto: What is it? Is it a threat to Ethereum?

Avalanche is a smart contract platform, which allows the creation and execution of dApps. It aims to solve the issues related to security, scalability, and decentralisation. Also, it charges minimal fees as compared to Ethereum.

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RUA, CBD, GFI: How are these 3 stocks faring on NZX?

RUA, CBD, GFI: How are these 3 stocks faring on NZX?

  • July 20, 2022 04:36 PM NZST
  • Manika

The cannabis industry is a fast-growing industry globally According to a report, it is expected to be a US$13.4 billion industry. RUA and CBC are making cannabis medicines that are gaining acceptance for use by GPs

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KPG, PCT, PFI: Why are these NZX stocks grabbing investors' attention?

KPG, PCT, PFI: Why are these NZX stocks grabbing investors' attention?

NZ government is making huge investments and is undertaking urban development changes to provide affordable housing. Meanwhile, KPG and PCT are some of its prominent NZX property stocks.

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NZX 50 down 0.900 points; HMY, CBD rise; NTL, NZA dip

NZX 50 down 0.900 points; HMY, CBD rise; NTL, NZA dip

The NZ share market closed in red after Tuesday’s trading session following the cues from Wall Street. HMY was the top NZX gainer, while NTL was the top decliner. A majority of the top cryptocurrencies are witnessing price rise over the previous day.

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FPH, SUM, BLT: 3 healthcare stocks in focus amid a spike in COVID-19 cases

FPH, SUM, BLT: 3 healthcare stocks in focus amid a spike in COVID-19 cases

With a rise in COVID cases, NZ is seeing an increased rate of hospitalisations, which has put pressure on its health systems. FPH, SUM, and BLT are some of its renowned healthcare companies.

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Theta (THETA) crypto: Things you need to know about the token

Theta (THETA) crypto: Things you need to know about the token

Theta is an open-source protocol, that allows decentralised video streaming, edge computing, and data delivery. Theta (THETA) and Theta Fuel (TFUEL) are their two native tokens.

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NZX 50 climbs 0.37%; NTL, JLG rally, VTL, TWL drop

NZX 50 climbs 0.37%; NTL, JLG rally, VTL, TWL drop

The NZ share market closed in the green on Monday, with the top gainer being New Talisman Gold Mines and Vital being the top decliner. Price of oil and gold are higher today.

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New Zealand inflation hits 32-year high at 7.3%

New Zealand inflation hits 32-year high at 7.3%

  • July 18, 2022 01:50 PM NZST
  • Manika

nnual inflation has reached 7.3%, higher than expectations Economists say inflation is more broad-based now and that is a cause for worry The New Zealand dollar has risen, the RBNZ will continue with its hawkish monetary stance

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NZX closes in red on inflation fears, MHJ, GFI, BLT gain, CRP, ME lose

NZX closes in red on inflation fears, MHJ, GFI, BLT gain, CRP, ME lose

  • July 15, 2022 08:56 PM NZST
  • Manika

The NZX closes in the red with 53 rises and 88 falls The market volume was also low at 28.46 million The top gainer in today’s trade was Michael Hill International

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Ergo (ERG) crypto: Things you must know about this cryptocurrency

Ergo (ERG) crypto: Things you must know about this cryptocurrency

Ergo makes use of a modified Proof of Work model and boasts of an energy-efficient and stable mining protocol.

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