NZX toughens process for sudden share movements
NZX will start making confidential enquiries of listed companies that experience unexplained share price movements.
NZX will start making confidential enquiries of listed companies that experience unexplained share price movements.
New Zealand shares fell as Tower dropped after reporting a wider full-year loss and Air New Zealand dropped to an 18-month low.
NZX's former head of strategy told the High Court Ralec set the first target Clear failed to meet.
New Zealand shares were mixed on a relatively quiet Monday as the market digested results posted by companies with a March 31 balance date.
New Zealand shares rose as Sky Network Television gained on perceptions it may be closer to fair value.
NZX chief executive Tim Bennett says settling the long-running dispute with the former owners of the Clear Grain Exchange would have been in both parties' interests.
New Zealand shares fell from a record high as speculation about a Federal Reserve rate hike next month drove up the US dollar
As the benchmark S&P/NZX50 share index heads towards yet another record high, NZX chief executive Tim Bennett says the market is in great shape.
Do we have the foundations in place to ensure New Zealand's capital market can perform, asks Tim Bennett
New Zealand shares rose, pushing the S&P/NZX 50 Index to a new record on expectations Meridian Energy will be a key beneficiary of proposed changes to electricity transmission charges.
Spark, Precinct Properties and energy firms among the falls but Xero goes against trend to extend Friday's gains.
Former MediaWorks chief executive Mark Weldon has been thrust into the public eye again, this time to answer questions in a courtroom witness box.
NZ shares fell on renewed concerns that Sky Network Television will struggle to maintain subscriber numbers in the face of new internet-based rivals.
New Zealand shares joined a slide in equity markets that started on Wall Street and continued into Asia.
New Zealand shares reached a fresh record, as Orion Health Group advanced while Sky Network Television's losing streak continued.
NZX director Neil Paviour-Smith told the High Court the company spent no more than A$10 million on developing the Clear Grain Exchange.
NZX director and Forsyth Barr managing director Neil Paviour-Smith has rejected Ralec's claims in the High Court.
$300 million raised in float will help fund overseas expansion as shares jump 5.2% on first day of trading.
The Tegel shares were widely expected to trade at a premium to the $1.55 IPO price.
New Zealand shares fell after Westpac Banking Corp posted earnings that missed estimates on increased impairments.
COMMENT: Tegel's sharemarket listing could be the most high-profile float the NZX will see this year. But the company is taking a low-key approach to its big day.
Trading platform operator CMC Markets has launched share contracts over the top 45 stocks listed on the NZX.
Tegel Group Holdings' share sale has at least some passing similarities to that of Scales Corp, which went public in 2014.
The first IPO of the year was oversubscribed, says Tegel, but shares are being issued at $1.55 each.
Demand for Tegel's shares is strong, but mum and dad investors are encouraged to approach with caution.