How would NZX wine stocks benefit from Free Trade Agreement?

As the market participants are aware, the global economy witnessed the negative impacts as a result of the outbreak of COVID-19 pandemic. The lockdowns impacted the operations of several companies. However, some companies could now perform well. This...

Highlights Scales Corporation delivered a strong performance in H1 2021. The Group’s horticulture and food & ingredients business reported excellent results. Scales upgraded its FY21 guidance on the back of a strong 1H21. Scales...

New Zealand boasts a well-established and strong financial system comprising some of the world-famous banking and financial institutions operating on its shores. As per Stats NZ, the June 2021 quarter witnessed a growth of NZ$27.8 billion in the t...

Highlights Of late, NZ and the UK have agreed to an all-inclusive FTA (Free Trade Agreement). FTA would enable several dairy products to become tariff-free over a period of time. The a2 Milk acknowledges reports related to a prospective class ...

Highlights NZ struck a free trade deal with the UK. The deal will eliminate tariffs for all NZ exports while giving an economic boost to the NZ GDP. Businesses and exporters are likely to benefit significantly due to decreased costs. New ...

Highlights Penny stocks are low-priced stocks of small companies that lack liquidity. Geo completed the first tranche of placement and raised $2.6 million. Plexure Group completed the purchase of TASK Retail on 1 October. Penny stocks are...

Highlights AIA’s operations continue to be impacted by the COVID-19 pandemic amid travel curbs and lockdowns. The Group’s revenue was down by 50% to $281 million in FY21. AIA remains optimistic for future growth as international tr...

Highlights Facebook reportedly plans to rebrand itself to grow beyond its social media image. The company is spending heavily to build a “Metaverse” and give the best of both the virtual and digital world experience to millions of u...

Highlights New planning rules have been announced under a new bill to boost housing affordability. Property for Industry released a presentation given at the NZX Virtua Investor Day on 19 October. Vital Healthcare announced the allotment of pl...

Highlights Dividend-paying stocks could do well during a high-inflation period. Foley Wines would hold its virtual Annual Meeting next month. Turners Automotive declared 5cps dividend for the Q1 FY22 period in the latter part of the month. ...