Vista move dominates NZ sharemarket

Vista move dominates NZ sharemarket
The S&P/NZX 50 Index closed at 11,756, down 27.39 points or 0.23%. (Image: Getty)
Graham Skellern
Technology firm Vista Group dominated the trading and price movements, rising 14%, after gaining a new majority shareholder on an otherwise quiet day on the New Zealand sharemarket.The S&P/NZX 50 Index closed at 11,756, down 27.39 points or 0.23%, after reaching an intraday low of 11,709.95.There were 65 gainers and 76 decliners over the whole market on volumes of 70.86 million share transactions worth $182.43m. A total of 50.44m Vista shares worth $105.92m were traded.Vista, a global leader in cinema management software, rose 26c or 14.13%...

More Markets

NZ shares fall on economic fears
Markets Market close

NZ shares fall on economic fears

The S&P/NZX 50 index dropped 96.21 points, or 0.8%, to 11,671.19.

Carbon auction gets zero bids
Markets

Carbon auction gets zero bids

There was no interest in the 4 million units on offer.

$2.2m spent, no takeover for Rakon
Markets

$2.2m spent, no takeover for Rakon

Chip-maker fumbled the bag, research analyst says.

Fletcher's Fiji sale snares $20m
Markets

Fletcher's Fiji sale snares $20m

Fletcher has been urged to divest non-core businesses to shore up its finances.