NZX declines on news of CEO departure
New Zealand shares fell in light trading, with NZX declining on news its chief executive Tim Bennett will leave the stock market operator.
New Zealand shares fell in light trading, with NZX declining on news its chief executive Tim Bennett will leave the stock market operator.
Tim Bennett will leave his position as CEO a year earlier than expected.
Craigs Investment Partners has downgraded its view on New Zealand shares and told investors it's time to cash in.
New Zealand shares gained slightly in light trading, led by Tegel Group Holdings and Meridian Energy while Air New Zealand dropped.
Shareholders of a Central Otago winery are fighting over a share sale.
COMMENT: A strong sense of deja vu has pervaded the NZX, with Ron Brierley purchasing a stake in Wellington Merchants.
New Zealand shares gained, with turnover peaking for the week as investors tidied their portfolios.
The share slump follows the risk that an Australian audit could threaten the viability of the company.
ASX-listed autoparts firm Bapcor has mounted a $322.5 million takeover bid for NZX-listed Hellaby Holdings.
New Zealand shares fell, led by Orion Health Group, as the export-focused software developer contends with a strong kiwi dollar.
Intueri is in a trading halt on the NZX and ASX pending an announcement from the company over "possible sanctions" across the Tasman.
OceanaGold's Haile mine in South Carolina has been valued at A$1.3 billion ($1.34b) with expectations it's on target to pour first gold by December.
New Zealand shares rose for a third session as investors continued to seek out cheap-looking stocks, with Comvita, Meridian Energy
COMMENT: The kiwi dollar is poised to achieve parity with its Aussie equivalent.
New Zealand shares rose as some investors rummaged for bargains left over from last week's sell-off.
Sharemarkets fell sharply on reports that at least two members of US Federal Reserve board favour raising its base interest rate when it meets this week.
A hikoi plans to deliver a 5000-signature petition to MPs calling for a moratorium on all seabed mining in New Zealand.
Wall Street rose, bolstered by Apple shares, even as latest US reports showed weaker-than-expected retail sales.
New Zealand's share slump continued for a second day, with Mercury and Auckland International Airport leading the index lower.
Tower, Fletcher and Air NZ lead plunge in prices in biggest sell-off since before Brexit.
Australian investors can expect a rough ride when markets open after Wall Street suffered its worst trading session since Brexit.
The New Zealand dollar retreated from a 16-month high as some traders deemed it had risen too far, too fast.
You would hope the private equity industry has learned a thing or two from the collapse of Dick Smith.
Wall Street was mixed as investors tried to assess whether the US economy is growing at a pace that will warrant the Federal Reserve to raise interest rates.
NZ shares reached a fresh record despite a lack of corporate news, with A2 Milk Co, Ebos Group and Contact Energy leading the index higher.
NZ's benchmark share index is getting a shake-up, with fruit exporter Scales Corporation and cinema software developer Vista Group to join benchmark.
NZ shares rose, led by Comvita on the back of its plans to take control of its Chinese distribution, while Air NZ and Mercury NZ also gained.
Vista Group is heading for the S&P/NZX 50, just two years after its sharemarket debut.
Political uncertainty poses the biggest threat to global sharemarket investors, according to two speakers at the Shareholders Association annual meeting.
New Zealand shares rose as investors took a favourable view of the outlook for some companies after earnings season.