Bear tracking: every NZX50 company's 2022 performance

Bear tracking: every NZX50 company's 2022 performance
The NZX 50 is down almost 10% so far in 2022.
Dan Brunskill and Andy Fyers
The NZX 50 index is set to finish the first month of 2022 down almost 10% having broken below 12,000 points – the lowest it has been since October 2020.  As in the United States, technology stocks priced for their future growth have been some of the worst affected by the recent market correction.  Serko has been the worst performer by far – down more than 22% – as investors have become less willing to pay a high price for what is currently a loss-making business.  The travel booking company is positioning itself...

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NZ sharemarket starts week up 0.6%
Markets Market Close

NZ sharemarket starts week up 0.6%

The S&P/NZX 50 Index closed at 13,449.85, up 80.45 points or 0.6%.

Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Gentrack in the hunt for 10 new customers
Markets

Gentrack in the hunt for 10 new customers

Shares climb more than 14% on hopes of at least three or four new customers.  

Another solar farm gets the nod from Genesis
Markets

Another solar farm gets the nod from Genesis

Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...