Will a2 Milk’s result revive its flagging share price?
A2 Milk is set to report another increase in earnings for 2023, despite a difficult year.
A2 Milk is set to report another increase in earnings for 2023, despite a difficult year.
The NZ sharemarket is heading for its worst month in almost a year.
It was the biggest single-day fall for more than two months.
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The New Zealand sharemarket lacked any real impetus and traded flat.
The market is also waiting on this week’s Reserve Bank decision on the OCR.
It took 3 years and millions of dollars to develop.
Chinese rival Feihe warned of a profit drop on lower birth rates and intense competition.
The New Zealand sharemarket registered another small loss.
“It’s encouraging to see a return to physical stores," Duke said.
Wider margins more than offset increased costs.
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Restaurant Brands continued to slide, while Fletcher also took a hit.
A new class of meme stocks has sprung up.
The sharemarket fell after a weak Wall Street over the weekend.
Investors are wary about the continuing rise in long-term bond yields.
The United States credit rating downgrade reverberated around weaker offshore bourses.
The New Zealand sharemarket ended the week on a flat note.
The power companies are due to report their results next month.
But while the local index perked up, investors are still hanging back.
Both leading stocks provided conservative statements in their AGMs.
The index failed to take any leads from positive markets offshore.
Gains were widely spread across the main board amongst the big and small cap stocks.
Meanwhile some of the steam came out of United States stocks.
The S&P/NZX 50 Index closed flat for the third successive day.
The NZ sharemarket made a small gain on further evidence that inflation is falling.
The company has rejected the takeover offer.
The New Zealand sharemarket drifted sideways in a quiet day’s trading.
There is a plan to take over some or all of the glass processor.