NZ shares start week on soft note
Local investors are expected to take to the sidelines this morning after share prices in the major international markets took a pounding.
Local investors are expected to take to the sidelines this morning after share prices in the major international markets took a pounding.
New Zealand shares rose, led by milk marketer A2 Milk and Air New Zealand, although the value of trading continued to be relatively light.
The Chow brothers' back-door listing on the New Zealand stock exchange still needs the approval of shareholders.
New Zealand share prices have fallen this morning down 1 per cent after big falls on overseas markets.
New Zealand's share market is expected to struggle for new initial public offerings in 2016.
The New Zealand share market fell sharply in the opening minutes of trade this morning in response to weakness on the major markets last week.
New Zealand shares rose after some stability returned to global markets.
New Zealand shares have fallen sharply, taking a lead from an overnight sell-off on Wall St that pushed the S&P 500 index into correction territory.
New Zealand shares rose for the first time this year after a five-day slide.
Share markets around the world continue to tumble as billionaire George Soros warned of more trouble ahead and urged investors to be cautious.
New Zealand shares rose to a record on the last day of the year.
Tony Falkenstein, chairman of Just Water responds to Tim Bennett's article: 'NZ's chance to grasp lost opportunity'.
Fund managers have hit back at criticism from NZX boss Tim Bennett that they are unwilling to back small Kiwi companies.
Fund managers say the poor performance of many recent sharemarket floats has impacted investor appetite for new listings.
New Zealand's capital markets and those in them need a wake-up call.
Just Water International and Coats have revived the controversy regarding the delisting of NZX companies, which was covered in the October 24 column.
Back in August, it would have been difficult to imagine the S&P/NZX 50 notching up yet another year of double-digit returns.
NZX, New Zealand's financial markets operator, has increased the minimum volume of lots required in block trades of whole and skim milk powder futures, citing increased activity.
Internet shopping's power has not hurt NZX-listed Precinct Properties' ambitious plans for its $550 million, 38-level Downtown tower.
Negative impact on world markets following Paris terrorists attacks is tipped to be short-lived.
The benchmark index's October run was bolstered by investor demand for investments paying regular income in a low interest rate environment.
New Zealand shares rose for a 10th straight day, propelling the benchmark S&P/NZX 50 Index to a record high.
It's billed as the place to trade shares in small, high growth businesses, but growth is something the new NXT market hasn't seen much of.
NZX may face the uncomfortable prospect of dropping out of its own benchmark index if its terrible share price performance doesn't improve.
The Shareholders Association says the PGC situation is 'farcical' but the NZX says there's no reason for de-listing PGC.
Financial risk insurer CBL Corporation has made its stock market debut this morning, raising $125 million. Its shares opened at $1.74 each.
NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.