Primary Sector

REBECCA HOWARD: Fonterra to shine against dire economic backdrop

Rebecca Howard
Thu, 17 Sep 2020

Agriculture remains the proverbial backbone of the economy as New Zealand tumbles into a deep recession, meaning the dairy sector – and Fonterra – take on added importance.This week has been all about dire economic projections as the impact of the covid-19 pandemic hits home, but Fonterra will stand out on the positive side of the ledger when it reports on Friday.Why? Because the dairy sector has held up better than most, operating as an essential service and shipping food to consumers across the globe. Weathering the stormGro...

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Markets

MARKET CLOSE: Profit taking pulls shares down

Dan Brunskill | Mon, 21 Sep 2020

Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress. The S&P/NZX 50 Index fell 94.42 points, or 0.8 percent, to 11,539.10. Within the index, 34 stocks fell, 11...

Infrastructure

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