PGC shares suspended again from NZX
NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.
NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years.
New Zealand stocks booked their worst quarter since June 2012, retreating for a second quarter.
Pyne Gould Corp risks having its shares suspended from trading for the second time in two years.
Twelve members of the Smartshares KiwiSaver scheme have been told they could face a hefty tax bill if they move schemes.
It's premature to call an end to the bull market, but do investors need to pare back their return expectations?
There is a huge difference between the timing and level of disclosure of the four Government-controlled NZX-listed companies - Air New Zealand, Genesis Energy, Meridian Energy and Mighty River Power - and other Crown entities.
Share prices firmed by just under one per cent after major offshore markets surged higher overnight.
The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.
NZ shares are being pummelled this morning after Wall St fell on renewed China fears.
In the first minutes of trade, the S&P/NZX50 was up 28 points, led by post-result gains from Air NZ and Metlifecare.
The New Zealand sharemarket staged a comeback yesterday after being 2.5 per cent down at one point but China's sharemarket rout continues.
New Zealand experts surveying the fallout from China's "Black Monday" stock market tumble will look to see if it reflects bigger problems in that country's economy, which is a big buyer of our exports and a source of tourists.
The New Zealand dollar bounced from a six-year low after two days of turmoil spurred by the prospect of deteriorating Chinese economy.
NZ shares have stabilised, with the S&P/NZX50 index down just 9 points today.
The local sharemarket opened down 2.4 per cent, after a wild overnight ride on world markets.
The New Zealand dollar slumped to its lowest level in six years after billions of dollars were wiped from financial markets in the US, Europe and Asia.
However, fund managers expect muted reaction to yesterday's rout on Chinese stock markets.
Personal finance columnist David Chaplin on exchange-traded funds and the NZX taking a big punt.
The case is playing out in the Court of Appeal with the Crown arguing for the release of cloned devices and passwords.
"It's pretty negative, there's a lot of selling in the futures and there's not much buying - this market looks completely stuffed."
The company filed a new constitution which added specific provisions for listing on the NZX.
Monday was an important day for the NZX because it passed all responsibilities for the maintenance, calculation and dissemination of its indices to S&P Dow Jones Indices.
The NZX will this week launch the NXT board, a new market for small, growth-focused firms.
Craigs Investment Partners has been fined $30K and censured by NZX's disciplinary tribunal for sloppy record-keeping.
Mega has rebutted claims that it profits from content theft calling the allegations defamatory.
Shares of Heartland New Zealand rose after coming out of a trading halt as Quadrant Private Equity sells its 9 per cent stake in the bank.