
Market close: Retirement village stocks weaker as sharemarket slips
The latest reporting season was met with light trading.
The latest reporting season was met with light trading.
A softer New Zealand sharemarket closed the week with a half per cent fall.
The company's sinking lid means it has 500 fewer employees since March.
Board sees "clear path" to doubled dividend by FY2026.
New Zealand stocks lose some of Monday's gains, driven by weaker banking stocks.
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The Israel-Hamas war has created volatility in gold and oil prices.
NZ households highly indebted by international standards.
New Zealand stocks remained boxed in by high interest rates and modest earnings growth.
Since June 30, Fisher & Paykel Healthcare's stock has fallen by 14 per cent.
The S&P/NZX50 index was at 11,135.58, down 85.90 points or 0.77 per cent.
The S&P/NZX 50 Index edged up 0.06 per cent.
The market didn't experience the jump that investors thought after the election result.
Relative underperformance of share price put down to usage of fossil fuels.
The company's pipe business has turned into a nightmare.
Most of the talk in the market was around Fletcher Building.
The transport company was now considering 'applicable emission targets for the group'.
It was a slow day for the market with light volumes traded.
No reason for optimism as we enter 'bear killer' month.
More light will be shed on the state of play with cash-strapped Synlait Milk on Monday.
Cheese and protein portfolios propel surge in Fonterra profit.
Fewer fish dying prematurely, company says turnaround gaining steam.
A2 Milk wants to cancel Synlait’s exclusive milk formula production and supply deal.
The NZX50 dropped 12 per cent last year and is on track for another down year.
Yesterday's half a per cent gain is all but forgotten.
The S&P/NZX 50 Index traded steadily, closing slightly lower for the day.
With the US markets closed overnight for Labour Day, there were few offshore leads.
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The airport's falling share price has cut the council's winnings.