Aussie investors spot value in A2 Milk

Dan Brunskill
Tue, 13 Apr 2021

A2 Milk had the day’s more significant change as its shares climbed 3.7% to $8.89.
A2 Milk had the day’s more significant change as its shares climbed 3.7% to $8.89.
Dan Brunskill
Tue, 13 Apr 2021
New Zealand's main share index rose as an Australian stockbroker recommended investors buy shares in A2 Milk saying demand for its products was showing signs of recovery.    The S&P/NZX 50 Index rose 137.71 points, or 1.1%, to 12,656.42. Within the index, 27 stocks fell, 18 rose and five were unchanged. Turnover was $190.8 million.The index’s biggest stock, Fisher & Paykel Healthcare, drove much of the headline gain as the volatile stock jumped 3.8% to $33.39, also driven by buying from Australian investors. A2...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ stock market finishes first half of 2022 down 18%
Dan Brunskill | Fri, 01 Jul 2022

One analyst said market participants will be glad to see the back of the turbulent second quarter.

Economy
Mitsi eclipses Toyota as logistics bites
Brent Melville | Fri, 01 Jul 2022

Toyota's Japanese competitor Mitsubishi Motors is narrowly ahead at the halfway stage of the year in New Zealand market share, largely driven by its PHEV sales.

Infrastructure Exclusive
New Christchurch stadium report raises 'critical issues', budget concerns
Oliver Lewis | Fri, 01 Jul 2022

The former project director's report, seen for the first time, raises numerous issues, including budget concerns.

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.