NZ sharemarket steady after Ryman completes capital raise

NZ sharemarket steady after Ryman completes capital raise
(Image: Getty)
Graham Skellern
Retirement village operator Ryman Healthcare completed its $1 billion capital raise as the New Zealand sharemarket steadied the ship with a small loss.The S&P/NZX 50 Index made ground till a mid-afternoon dip and closed at 12,209.05, down 40.5 points or 0.33% after falling more than 2% in the previous two trading days.Volumes were strong with 51.48 million share transactions worth $228.24m. Global marketer a2 Milk, up 3c to $8.83, dominated the trading with 3.5m of its shares worth $30.9m changing hands.  'A fluid situation...

More Markets

NZ stocks end flat amid Fletcher-SkyCity legal woes
Markets Market Close

NZ stocks end flat amid Fletcher-SkyCity legal woes

Tesla's 14% drop again highlighted the general state of global market uncertainty.

Jamie Gray 06 Jun 2025
SkyCity claims it is entitled to $330m in damages from Fletcher Building
Markets

SkyCity claims it is entitled to $330m in damages from Fletcher Building

The original delivery date of the International Convention Centre was January 2019. 

Rebecca Howard 06 Jun 2025
10 NZ firms could get slice of $200m Fisher KiwiSaver cash
Markets

10 NZ firms could get slice of $200m Fisher KiwiSaver cash

Private equity investing will benefit both KiwiSavers and business, fund manager says.