Saudi Arabia is removing barriers on one of the world's most-restricted major stock exchanges as the government tries to boost non-oil industries.

The administrators of Postie Plus are staying tight-lipped on whether the struggling clothing chain's shareholders will receive any cash.

ERoad is looking to raise up to $49.5 million in an initial public offer next month as it chases growth in the US market.

Shares of Vista will sell towards the lower end of the indicated price range, as the cinema software developer looks to raise up to $40 million.

New Zealand technology companies could be unwittingly heading into a "perfect storm" of intellectual property litigation risk as they rush to float on the sharemarket.

The June 30 year was another positive 12 months for the NZX as the benchmark NZX50 Gross Index appreciated by 15.8 per cent compared with 30.6 per cent for the previous June year.

Scales, the fruit and vegetable logistics group, will sell shares at the bottom of its indicative range in a $148.8 million initial public offer.

"A remarkable week." That was how NZX chief executive Tim Bennett, addressing the Gentrack listing event in Auckland on Wednesday, described what has been an eventful few days on the market.

With Gentrack's sharemarket listing done and dusted, chief executive James Docking says his focus is firmly back on growing the business.

Software company Gentrack has debuted on the stock exchange, with its shares rising 7.5 per cent following the company's midday listing.

Foley Family Wines plans to step up to the main board of the NZ stock exchange following its takeover of Martinborough Vineyards

Serko shares have fallen below the issue price following the company’s NZX debut this morning.

A rollercoaster morning has seen shares in accounting software firm, Xero, drop by almost ten per cent, before rebounding to a decline of just two per cent.

Technology company ikeGPS, which will list on the NZX next month, has forecast its revenue to more than triple in the current financial year.

Accounting software company, Xero, have passed the $100 million revenue mark for the first time, in an announcement made this morning.

The NZX's new Index Futures - which launch today - could stabilise the market and reduce volatility to the benefit of all investors, including KiwiSaver users.

Dissident shareholders seeking removal of Abano Healthcare chairman Trevor Janes admitted likely defeat at the special meeting to vote on the issue in Auckland today.

New Zealand software company Vista Entertainment Solutions looks set to join the rush of local technology businesses lining up to list on the sharemarket.

Brewing and food giant Lion has become the second company to try to scupper the strong growth New Zealand's A2 Milk is experiencing across the Tasman.