Serko up as NZ market edges down

Serko up as NZ market edges down
(Image: Getty)
Ella Somers
Travel software provider Serko had a great day on the index, while New Zealand's broader market lost some of Friday’s gains.The S&P/NZX 50 index fell 28.8 points, or 0.24%, to 11,948.72. Turnover was a light $61.6 million.Serko’s share price jumped over 11% this morning on the news that it had seen stronger-than-expected revenue performance. The stock ended the day up 8.7% to $2.25.The travel software provider upgraded its revenue guidance for the current financial year thanks to the solid trading results through the traditi...

More Markets

'Take some tariffs on the chin': the M&A outlook under Trump
Markets

'Take some tariffs on the chin': the M&A outlook under Trump

How private equity firms and M&A experts are navigating through the market noise.

NZ stocks defy offshore trend to end stronger
Markets Market close

NZ stocks defy offshore trend to end stronger

New Zealand stocks ended strongly despite earnings downgrades and offshore trends.

Jamie Gray 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025
Accent Group plans Sports Direct roll-out in NZ
Retail

Accent Group plans Sports Direct roll-out in NZ

With the help of London-listed Frasers Group, Accent Group will take on Rebel Sport.

Gregor Thompson 16 Apr 2025