Bob Campbell MW

Taste testing the wine industry's New Age preservative.

See details.
Markets

MARKET CLOSE: Profit taking pulls shares down

Dan Brunskill
Mon, 21 Sep 2020

Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress.    The S&P/NZX 50 Index fell 94.42 points, or 0.8 percent, to 11,539.10. Within the index, 34 stocks fell, 11 rose and five were unchanged. Turnover was $171.2 million.The market started the week with a step down as investors found little distraction from the general economic malaise most of the world has found itself in after the pandemic. Today’...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Listed Companies
Infratil's next play: Australian medical infrastructure
Pattrick Smellie | Mon, 26 Oct 2020

Infratil identifies 'highly cash generative', non-discretionary healthcare infrastructure as a new sector where it can build a profitable business at scale.

Infrastructure
Bureaucratic own goal at Tui oil field a red flag about regulatory problems
Gavin Evans | Mon, 26 Oct 2020

When a company is prepared to write off a US$21 million vessel and hand it to liquidators – rather than deal further with New Zealand regulators – we should be concerned.

Listed Companies
Taking one for the team: Which top businesspeople took a paycut?
Andy Fyers | Mon, 26 Oct 2020

Big director and CEO pay cuts were common among NZX-listed companies, although every firm's circumstances were different.

Sponsored
University of Auckland’s business degrees are reshaped for the future of work

The University of Auckland Business School is ready to launch its redesigned undergraduate business programmes.

Sponsored
Spark: Why we need Internet of Things for the future

Why we need IoT for the future of stuff that ‘just works’.