The six companies thriving through the crisis

The six companies thriving through the crisis
Dan Brunskill
Amid a historic share market crash, just six of New Zealand’s top 50 companies have managed to weather the storm and grow their market capitalisation.The S&P/NZX 50 index is down just half a percent so far in 2020, ahead of tough economic conditions and as the nation enters the second half of the year. With many stocks still at half or two-thirds of their former value, the index’s notable recovery is largely due to these six success stories.There are three main themes that have underpinned growth during the pandemic: the interne...

More Markets

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

Jarden says Skellerup 'most exposed' to Trump's tariffs
Markets

Jarden says Skellerup 'most exposed' to Trump's tariffs

US President Donald Trump's sweeping global tariffs, announced on Thursday, are expected to have devastating consequences not only in the US but also in New Zealand.In a note on Friday morning, Jarden analysts Guy Hooper and Nick Yeo predicted that NZX-listed Skellerup looks...

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.

Iron sand project could deliver $265m GDP boost: NZIER
Economy

Iron sand project could deliver $265m GDP boost: NZIER

Iron sands mining in Taranaki could create 1365 jobs, NZIER report says.