half-year<\/a> result to September 30, 2025, reporting a $45.1m loss after lower revaluations.<\/p>\nGoodson said it was an okay result, and while the company is doing what it aimed to do, resale numbers were pretty weak.<\/p>\n
\u201cI think investors are trying to look through the current difficulties for the retirement village sector and hoping for a better housing market next year, which frees up resales so that people can sell their own home and move into these retirement villages.\u201d<\/p>\n
Ryman\u2019s share price lifted 2.10% or 6c to $2.92 after 1.1 million shares changed hands on turnover worth $3.3m.<\/p>\n
Elsewhere, Tower Insurance reported its half-year result, with its net profit for the year to September 30 rising to $83.7m.<\/p>\n
Goodson said it was a solid underlying result, with strong growth in premium numbers. He said premium rates had clearly spiked in the insurance cycle, which is good news for households.<\/p>\n
Tower\u2019s share price lifted 1.30% or 2c to $1.94.<\/p>\n
Despite the positive movements, the majority of large listers brought the share market down, particularly the gentailers.<\/p>\n
Meridian Energy fell 1.90% or 11c to $5.67, Contact Energy fell 1.53% or 15c to $9.63, and Genesis Energy fell 1.22% or 3c to $2.43.<\/p>\n
Fisher and Paykel Healthcare gave back some of the gains it made after its half-year result yesterday, with its share price falling 1.69% or 65c to $37.75 on turnover worth $16.7m.<\/p>\n
Fletcher Building continued its downward streak, falling 1.20% or 4c to $3.28 after 2.3 million shares changed hands on turnover worth $7.7m.<\/p>\n
Meanwhile, Ebos Group dropped 2.27% or 65c to $27.95 on turnover worth $19.2m.<\/p>\n
Global stocks mostly rose on Wednesday (US time), with Wall Street equities gaining on hopes of lower interest rates, while the British pound advanced on the Government\u2019s unveiling of a new Budget.<\/p>\n
United States equities rose for a third straight day as momentum builds following comments in recent days from Federal Reserve officials signalling another potential interest rate cut next month.<\/p>\n
All three major US indices climbed again, led by the tech-rich Nasdaq, which rose 0.8%.<\/p>\n
In Europe, London stocks advanced and the pound pushed higher as the centre-left Labour Government delivered a tax-raising Budget aimed at curbing debt and funding public services.<\/p>\n
The yield on British 10-year government bonds dipped, a sign that investors retained confidence in Finance Minister Rachel Reeves having control over public finances.<\/p>\n
\u2013 Additional reporting AFP<\/p>\n
Tom Raynel is a multimedia business journalist for the Herald, covering small business, retail and tourism.<\/p>\n
Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThe flurry of investor days has probably left the question with investors: \u2018It\u2019s great you\u2019ve got all of…\n","protected":false},"author":2,"featured_media":157099,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[60698,95,138,3013,651,5201,8556,6097,543,3592,1874,71,103879,527,17053,321,16774,8461,68601,2513,225,111,139,69,193,2989,2961,24996,5909,23531,1125,1865,3159,80],"class_list":["post-157098","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-although","tag-and","tag-business","tag-but","tag-close","tag-closed","tag-companies","tag-down","tag-driven","tag-fall","tag-found","tag-from","tag-gentailers","tag-healthcare","tag-insurance","tag-investors","tag-larger","tag-lift","tag-listed","tag-lower","tag-market","tag-new-zealand","tag-newzealand","tag-nz","tag-other","tag-positive","tag-pull","tag-reaction","tag-results","tag-ryman","tag-sharemarket","tag-today","tag-tower","tag-zealand"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=157098"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/157099"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=157098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=157098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=157098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}