Listed Companies

MARKET CLOSE: NZ shares rise as Trustpower hits record on special dividend

Paul McBeth
Mon, 13 May 2019

By Paul McBeth May 13 (BusinessDesk) - New Zealand shares rose in quiet trading, with Trustpower hitting a record after declaring a special dividend at today's earnings result. Fonterra fund units rose on the sale of its Tip Top business. The S&P/NZX 50 Index increased 27.46 points, 0.3 percent, to 10,126.83. Within the index, 17 stocks rose, 20 fell, and 13 were unchanged. Turnover was $82.7 million, with just two companies trading on volumes of more than a million shares.  Trustpower hit a record $7.21, ending the day up 2.9 percent...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
Eroad shares fall to all-time low
Ella Somers | Thu, 30 Jun 2022

Fleet management company Eroad dropped 3.4% to $1.42 today – its lowest share price since 2016.

Finance
Finlay steps down as NZ Post chair as he joins RBNZ board
Jenny Ruth | Thu, 30 Jun 2022

No mention was made of Rodger Finlay's term ending as chair of NZ Post when controversy over his appointment to RBNZ's new board blew up earlier this month.

Opinion
My bet? Ardern says the EU-NZ FTA needs more work
Rebecca Howard | Thu, 30 Jun 2022

Arden’ll just say it’s very close, but more talks are needed. That’s much easier to spin than a deal at any cost.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.