A2 Corp to join top 50 index, toppling PGG Wrightson from benchmark

Wed, 06 Mar 2013

March 6 (BusinessDesk) - Alternative milk marketer A2 Corp is set to join the NZX 50 index after qualifying in the February review, and will topple rural services firm PGG Wrightson from the benchmark bourse. The change will come into effect from the open of trading on March 18, stock exchange operator NZX said in a statement. Shares in Wrightson rose 2.6 percent to 40 cents in trading today, while A2 was unchanged at 56 cents. Wrightson is controlled by NYSE-listed Chinese agriculture firm Agria Corp, and has a market capitalisation of $3...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets
MARKET CLOSE: Strong kiwi weighs down shares
Dan Brunskill | Fri, 18 Sep 2020

New Zealand’s benchmark stock index extended its losses, locking in a third consecutive weekly decline as the kiwi dollar continued to climb. The S&P/NZX 50 Index fell 143.61 points, or 1.2 percent, to 11,633.52. Within the index, 32 stocks fell, 13 rose and five were unchange...

Election 2020
Hipkins not budging on migrant workers
Brent Melville | Fri, 18 Sep 2020

A Labour-led government will continue to adopt a conservative approach to allowing migrant seasonal workers back through the borders.

Primary Sector
Fonterra boss sanguine on Australian legal action
Rebecca Howard | Fri, 18 Sep 2020

Fonterra chief executive Miles Hurrell is not concerned about pending legal action in Australia.

Sponsored
Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.

Partner Content
Buy-Now-Pay-Later – what’s driving the industry?

The Buy-Now-Pay-Later segment has truly taken the world by storm. It is incredibly impressive to think two Aussies were responsible for what has been a massive shift in consumption habits globally. It is highly likely that most people have come across one of the many providers, but how does the business model actually work and what’s driving the industry?