Abano lifts dividend forecast
Abano Healthcare expects to pay a first-half dividend of between 11 and 16 cents per share.
Abano Healthcare expects to pay a first-half dividend of between 11 and 16 cents per share.
The listed property investor increased first-half earnings 22 per cent as it benefited from the rising value of its portfolio.
New Zealand shares rose as buyers came back into the market, led upwards by Auckland International Airport and Ryman Healthcare.
Wall Street fell with bank stocks, while some tech shares including Apple continued a rebound from a recent slide.
Neither Ralec nor NZX will get a payout from their seven-year High Court dispute.
Tech stocks rose as investors took advantage of their post-US-election slump.
US Treasuries dropped, while the greenback strengthened amid expectations Trump will boost spending and inflation.
It was perhaps the most surprising trade in a record-setting week on Wall Street.
NZ shares declined at the end of a volatile week that saw Donald Trump win the US presidency.
New Zealand shares bounced off a four-month low, led up by Metro Performance Glass, A2 Milk Co and Z Energy, as part of an Asian rally.
The sharemarket's great run is over with an 11.4 per cent fall from its record high.
New Zealand share market correction deepens as fears US political concerns start to mount.
The New Zealand share market has fallen into "correction" - more than 10 per cent down from its record high on September 7.
Cash trading on the NZX increased for a third straight month in October, as investors looked for returns in a low interest rate environment. The
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The collapse this week of former market darlings Pumpkin Patch and Wynyard Group has raised concerns.
Shareholders say they're concerned about the potential impact of escrow shares on the market and a drop in the share price.
The stock first traded at $1.16 on the NZX, valuing the company at about $160 million.
Whole milk powder, is expected to rise at this week's GlobalDairyTrade auction after two consecutive declines, according to traders.
A top analyst is warning of a "severe fall" in stock markets.
NZ shares rose slightly, led by Summerset Group Holdings and Air New Zealand, while Steel & Tube Holdings also gained.
NZ shares dropped for the fifth consecutive session to a near-three-month low, led down by Auckland International Airport, Ryman Healthcare and Chorus.
NZ shares fell for the fourth straight session, led lower by Trade Me Group, Chorus and NZME as News Corp sold its stake in the local news provider.
The volume of cash market trading rose 14 per cent to 152,264 last month from the same month a year earlier.
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 took on a challenging role, but market participants say NZX's performance has been disappointing.
Tim Bennett will leave his position as CEO a year earlier than expected.
The board says the takeover bid is "opportunistic" and doesn't represent fair value for the company.