MARKET CLOSE: NZ shares edge up in quiet trading; property stocks rise while gentailers fall

MARKET CLOSE: NZ shares edge up in quiet trading; property stocks rise while gentailers fall
Paul McBeth
By Paul McBeth Sept. 27 (BusinessDesk) - New Zealand shares edged higher in relatively quiet trading, with property stocks including Kiwi Property Group and Stride Property among the day's gainers. Electricity generators were largely weaker.  The S&P/NZX50 50 Index increased 13.73 points, or 0.1 percent, to 10,836.5. Within the index, 28 stocks rose, 20 fell, and two were unchanged. Turnover was $87.8 million, with just two stocks trading on volumes of more than a million shares.  International leads were mixed as investors try to gaug...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024