Stock Market

New Zealand issues tsunami warning, other major updates

NZ news

Highlights New Zealand issues tsunami warning for its coastal areas. The country’s children aged 5-11 years to be vaccinated from today. Freightways to release its half-year results next month.az As we step into the third week of Ja...

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NZX slaps huge fine on QEX, plus other major NZ market updates

NZX slaps huge fine on QEX, plus other major NZ market updates

Highlights QEX Logistics being censured by the NZX for breaching listing rules. Silver Fern Farms to introduce zero-carbon products across the US market. Auckland’s ferry services face disruptions due to staff shortages. Let us take...

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Selling in IT Stocks Weighed Over NZ Market

Selling in IT Stocks Weighed Over NZ Market

On 11th January 2022, the equity market in New Zealand closed the session in red after robust selling was encountered in the technology stocks. On the same day, NZX 50 Index and NZX 20 Index declined by 0.47% and 0.45%, respectively. Also, NZX All In...

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Matt Damon’s crypto ad controversy: All you need to know now!

Matt Damon’s crypto ad controversy: All you need to know now!

Highlights Matt Damon has starred in an ad for exchange Crypto.com, which is based in Singapore Damon’s crypto commercial does not endorse any specific crypto asset, but implicitly promotes investing in cryptos The ad has earned the wrat...

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Is UST stablecoin extending to 5 different Defi protocols on Terra proposal?

Is UST stablecoin extending to 5 different Defi protocols on Terra proposal?

Highlights Terra has announced its intentions to widen the outreach of the deployment of its stablecoin, TerraUSD (UST), across various Defi protocols. The ambitious plan is intended to cover various projects on blockchains like Ethereum, Polyg...

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Fonterra (NZX:FCG): What led to a revision of its milk collection forecast?

Fonterra (NZX:FCG): What led to a revision of its milk collection forecast?

Highlights Fonterra Co-operative Group has revised its expected New Zealand milk collections for 2021/22. Owing to challenging growing conditions there is a 1.6% decline from its earlier given opening forecast. Fonterra Co-operative Group ...

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EBOS (NZX:EBO): Retail Offer would end by next Monday

EBOS (NZX:EBO): Retail Offer would end by next Monday

  • January 11, 2022 04:34 PM NZDT
  • Sonal

Highlights Ebos notified on Tuesday that its retail offer of up to NZ$105 million for eligible existing shareholders will end on 17 January 2022. The Retail offer is part of the equity raising plan of Ebos to acquire LifeHealthcare. Larges...

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Crypto Catch: Billionaire Fund Manager Bullish on Bitcoin

Crypto Catch: Billionaire Fund Manager Bullish on Bitcoin

Highlights Fund manager and billionaire Bill Miller has claimed he is so bullish on bitcoin that 50 percent of his personal assets are now tied to Bitcoin Bitcoin has moved to just below US$42,000 This morning saw almost every single altcoin i...

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How are 5 NZX stocks under NZ$5 faring?

How are 5 NZX stocks under NZ$5 faring?

  • January 11, 2022 01:19 PM NZDT
  • Manika

Highlights These are cheap stocks that have growth prospects. Spark New Zealand reported the highest trading volumes on the NZX. AFT Pharmaceuticals is one of the high growth stocks trading under NZ$5. Stocks under NZ$5 are cheap and may ...

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US stocks edge lower as tech stock slips

US stocks edge lower as tech stock slips

Benchmark US indices drifted on Monday, January 10, on concerns over sooner than anticipated interest rate hikes, that have pushed the US treasury yields higher. The US treasury yields hit the highest level in two years on Monday. The S&P 500 wa...

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What is Syn City crypto? All you need to know

What is Syn City crypto? All you need to know

World's first mafia metaverse- Syn City (SYN), is becoming popular among crypto enthusiasts as it recently announced the initial dex offering (IDO) of its native token. Syn City decided to launch its upcoming token through Copper Launch, an open a...

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