MARKET OPEN: Investors may be wary as they await lockdown decision

MARKET OPEN: Investors may be wary as they await lockdown decision
Rebecca Howard
Investors may stick to the sidelines today as they await the government's decision on whether to ease the lockdown restrictions. A decision on whether to end the initial 28-day alert level 4 lockdown - which has run since March 26 - will be assessed at Monday morning's Cabinet meeting. The announcement, due to be made at 4pm, could see the lockdown eased from April 22. If the government decides to go to alert level 3, some non-essential businesses will be able to resume working under strict conditions, such as social distancing. This c...

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NZ sharemarket falls 0.6% after Monday's surge
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NZ sharemarket falls 0.6% after Monday's surge

The S&P/NZX 50 Index closed at 13,113.19, declining 82.89 points or 0.63%.

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Rocket Lab nabs Biden funding
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Rocket Lab nabs Biden funding

Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours.The New Zealand-American firm also said on Tuesday it had finalised US$23.9 million (NZ$41.3m) in Biden administration “Chips Act” funding.Proposed recipients of funding under the legislation, design...

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Aroa posts $1.5m HY loss, forecasts annual profit
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John Anthony 26 Nov 2024
Pacific Edge posts $14.5m loss
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Pacific Edge posts $14.5m loss

The cancer diagnostics company is awaiting outcomes of several events.

John Anthony 26 Nov 2024