NZ shares plunge after Brexit vote
Shares plunged after the surprising vote to leave the EU.
AdvertisementAdvertise with NZME.
Latest fromCompanies
Kiwi dollar soars against pound, down against greenback
The New Zealand dollar tumbled more than 3 US cents, but surged to a three-year record against pound.
World markets, pound soar on UK 'Remain' hopes
World financial markets have rallied sharply on the prospects of Britain remaining in the EU.
World shares, pound rally as UK votes
Shares on both sides of the Atlantic rose overnight as investors awaited the outcome of the Brexit vote.
Markets brace for Brexit trading bonanza
Markets in London are bracing for what could be a wild ride.
Brent Sheather: Property syndicate problems
COMMENT: Kiwi investors are not immune to the forces of property syndicates.
Hedge fund manager found dead after arrest
An apparent suicide note found at the scene of his death declared his innocence.
Seven ways to tell whether a IPO should be avoided
Initial Public Offerings have come under significant scrutiny following several high-profile failures.
End of the Golden Goose? Brexit and the City of London
Geese don't come much more golden than the world's financial centre - the City of London.
The real risk in the market is staying out
Wondering where the next subprime disaster is lurking? Maybe it's not.
Stock takes: New deals in buoyant market
Comment: Are we entering a period of extensive capital raising?
Brexit: Top companies lose £100b in four days
In just four days, more than £98 billion has been wiped off the value of Britain's biggest companies.
Markets panic as Brexit vote looms
Experts warn a looming vote could spark "the destruction of Western political civilisation".
Buffett awaits $8 billion of 'bad news'
Warren Buffett is about to get back the $8 billion -- plus a little extra -- that his company invested in.
Pumpkin Patch shares extend slump
Shares in the struggling childrenswear retailer have dropped by 9pc in trading, following similar sharp falls last week.
The big short is back in Chinese stocks
Chinese equities are once again in the cross hairs of short sellers.
NZ Merino inks 5-year, $45M contract with Italy's Reda
NZ Merino has signed a five-year, $45 million deal to supply fine wool to Italian luxury fabric manufacturer Successori Reda.
Former SkyCity CEO sells shares
Nigel Morrison has raised $461,450 by selling a small part of his stake in the casino.
Sealegs finds its financial legs
Kiwi boat maker Sealegs is back in the black and has sold its 1000th craft.
What the oil price rise means long term
Oil broke through US$50 ($75) a barrel last week for the first time since October.
Brent Sheather: NZ shares vs the rest of the world
COMMENT: According to the History channel the D-Day Landings in June of 1944 owed their success, at least in part, to the allies' mis-information strategy.
Tower leads index lower on $8.7m loss
New Zealand shares fell as Tower dropped after reporting a wider full-year loss and Air New Zealand dropped to an 18-month low.
Wall St inches higher overnight
Wall Street traded higher, though both the Dow and the Nasdaq gave up some of their earlier gains.
Sanford to take $5m impairment charge
Sanford will book a $5 million impairment charge on the sale of its last Pacific Tuna vessel when it reports half-year earnings.
Sky TV's bounce from sell off helps index
New Zealand shares rose as Sky Network Television gained on perceptions it may be closer to fair value.
Ryman posts another record profit
Ryman Healthcare posted another record full-year profit, rounding out 14 straight years of earnings growth as NZ's largest retirement village operator.