Lodestone Energy hits $75m minimum capital raise for its NZ sharemarket listing
“The initial public offer [IPO] represents an important development for New Zealand’s capital markets, being the country’s first…
NZX 50 gains as bond yields fall and housing market weakens
The US 10 Year Treasury Note yield has also fallen below 5.3% to 5.206%. The REINZ House Price…
Fisher & Paykel Healthcare again dominant player in market rise – Market close
Shane Solly, portfolio manager with Harbour Asset Management, said policy uncertainty, through the election debates, was weighing on…
Fisher & Paykel drives NZX higher despite other markets falling – Market close
Mark Lister, investment director with Craigs Investment Partners, said the December quarter has typically been the strongest for…
NZ sharemarket down almost 1% amid Iran War escalation – Market close
’Markets are pensive’ Solly said, “We saw selling across the board, with investors making the decision to move…
NZ sharemarket falls over 1% despite Hallenstein’s solid result – Market close
“At this level, the bond yields definitely impact the valuations of the growth and technology stocks,” he said.…
Will Lodestone Energy get the green light to list on the NZ sharemarket? Retailer KMD Brand’s outlook – Stock Takes
The company was founded in 2019 to bring utility-scale solar to the New Zealand electricity market. Lodestone develops,…
NZ sharemarket ends 5-day run as KMD Brands confirms asset sale talks – Market close
But Infratil had its second strong day in a row on speculation that it was doing a data…
ASX rises, RBA governor says AI data centres are ‘adding’ to high inflation problem — as it happened
In short, yes. “All central banks are a little bit worried about that,” the RBA governor says. “You…
Market eases up despite RB governor’s inflation forecast – Market close
The economic recovery was continuing in the third quarter but it remained uneven, Breman said. An independent review…
Weak NZ dollar continues to drive gains on NZX – Market close
Lister said the kiwi was the big story. On the trade-weighted index, the dollar was at its lowest…
NZ sharemarket flat despite gaining 1.3% for the week – Market close
Matt Goodson, managing director of Salt Funds Management, said one broker had $350m worth of orders on his…