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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Spark share collapse leads NZ sharemarket down
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Spark share collapse leads NZ sharemarket down

The S&P/NZX 50 Index closed down 0.99% or 127.78 points.

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Spark valuation plummets $1 billion as profit crashes

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Sky TV takes a financial hit

Sky Network Television reported a net loss after tax of $1.7 million in what it has been described as a “challenging” and “difficult” six months, with the broadcaster's attention focused on moving its customers to a new satellite because of the ailing Optus D2 satellite.The p...

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