How NZX 50 Trading Session Ended? | NZ Market Update

On February 22, 2021, NZX 50 ended the trading session in red as there was a fall of 0.98% to 12,426 and NZX 20 declined by 1.19% to 8,055. On the same day, NZX 10 fell by 1.02% to 12,429. Notably, financials sector declined by 0.09% and healthcare sector declined by 2%. Gainers and Losers: Skellerup Holdings Ltd (NZX: SKL) (up by 8.33%) and Pacific Edge Ltd (NZX: PEB) (up by 6.93%) were the gainers.

Half-Year results highlight for 4 NZ stocks - TCL, CNU, HGH, FRE With the earnings season on, there are several companies that have done well over the course of 6 months and several that have not.

• TCL announced its half-yearly results, 5.4% dividend yield, while the net asset value return was 6.9%.

• Chorus Limited announced N$473M in revenue, with EBITDA guidance of N$640M to N$660M.

• The Net operating income for Heartland Group Holdings Limited was recorded to be N$125.3M. Is NZ Tourism living up to its campaign ‘100% Pure New Zealand’?

• As per the latest report, Upton has suggested tourism industry to compensate for the services and environment damage inflicted by them.

• Stats NZ mentioned that GHG emissions reduced by 8.1% during the lockdown period but increased by 9.1% in the following 3 months.

Comment


Disclaimer

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK