Kathmandu leads shares to week of straight gains post-Brexit
NZ shares rose along with global markets as speculation about interest rate cuts stoked demand for equities.
NZ shares rose along with global markets as speculation about interest rate cuts stoked demand for equities.
COMMENT: Rakon shareholders may have been a little perplexed by the remuneration section of the technology firm's annual report, released last week.
New Zealand shares gained for a fourth straight session on expectations there will be no immediate change following the Brexit vote.
Marlborough Wines Estates Group is expected to list on the NZX's alternative market, NXT, on Thursday.
The NZ and Australian sharemarkets bounced back off early lows to both end with slight gains as markets around the world continued to adjust to Brexit.
Investors are bracing for more fall-out as trading resumes tomorrow after Britain's shock vote to leave the European Union sparked market chaos on Friday.
European stock markets dived when they opened tonight after Brexit vote.
The New Zealand dollar was little changed near a 12-month high and may rally further if Britons vote to remain in the European Union.
COMMENT: The New Zealand sharemarket has fallen away from record levels thanks to global investor fears about Britain potentially leaving the EU.
'Exciting' refresh includes 10 new products hitting the shelves.
Machines may be taking over the world but in at least one corner of the markets, humans are beating back the robots.
Tegel sales and profits beat prospectus forecasts and it's track to achieve targets for the year.
Analysts expect volatility until result of referendum is known at week's end.
COMMENT: The "Brexit" vote is the biggest event for financials markets we've seen in a while.
More competition is needed to cut petrol prices - and somebody should petition Gull to expand, Transport and Energy Minister Simon Bridges says.
The former owners of the Clear Grain Exchange were concerned by former NZX boss Mark Weldon's angry behaviour.
New Zealand shares fell as fears around the potential for Britain to exit the European Union continued to erode risk appetite.
Fast food chain franchise may ditch plans to enter the US market.
New Zealand shares fell as the local bourse joined a global selloff in equity markets amid concern Britain could leave the European Union.
Pyne Gould Corp shares are allowed to trade again, ending a seven-month suspension.
A miner reveals the hidden pain of suffering a mental breakdown while living and working at a remote Australian site.
New Zealand shares rose, led by A2 Milk Co and Air New Zealand, which has sold most of its Virgin Australia stake at a better price than the market expected.
Low interest rates have been a key factor behind the NZ sharemarket's strong run, due to its high proportion of dividend-paying, high-yielding stocks.
There has been speculation for several months that Vodafone was looking to sell its New Zealand operations, with Sky TV tipped as a possible option.
Kathmandu is suing its biggest shareholder, Briscoe Group, in an effort to recoup what it spent fending off the rival retailer's failed takeover attempt.
Mark Weldon couldn't take criticism and ruled NZX with an iron fist while deliberately avoiding requests from Clear's former owners, High Court has heard.