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Turnover was $188 million.Air NZ was the most traded stock by volume with more than 12m shares changing hands, with Air NZ rights coming just behind with 10.3m shares traded.Most retail investors rece

"Follow the money," as the famous cliché goes, and "cui bono", or who benefits, is another useful rule of thumb for journalists.Following the above rules, it's hard to c

“Well, that light has been flashing red for some time now.”Hospitalisation rates in the United States were down about 80% from their peak and those cases that were hospitalised stayed half

 The S&P/NZX 50 Index rose 176 points, or 1.5%, to 12,175.85 today.Turnover was $677 million, with an extended trading session allowing the quarterly rebalance of the S&P/NZX and FTSE Rus

Their inherent design is unfair.Some, as Wallis does, argue that companies using this structure do their best to ensure that retail shareholder can get at least sufficient new shares to prevent their

The ‘other’ row in the table represents GrabOne’s earnings minus corporate costs.NZME’s performance has been remarkably consistent over the past few years with operating ebitda

 High & risingForsyth Barr said that was largely due to rising costs which were offsetting the higher revenues being reported in February.“Our main take away from earnings season is tha

If a shareholder didn't want to buy the new shares, they could sell their rights on the market.Because rights issues are almost always done at a discounted price, the rights were usually worth som

  Every stock on NZ’s benchmark equity index fell and only 14 of the 187 total listed securities moved higher – all very small companiesPeter McIntyre, an investment advisor at C

The 2-year and 5-year bond rates both jumped roughly 12 basis points, to 2.4% and 2.6%, respectively.The longer term 10-year rate was less affected by the decisionIt climbed 9 basis points to 2.8% and

Turnover was $154 million.The head of equities at Harbour Asset Management, Craig Stent, said it had been a quiet day on the local market, with Infratil’s investor day the only significant updat

Turnover was $147 million.Tina Teng, a markets analyst at CMC Markets, said tech shares had found their footing after the big Meta drop earlier this week.“Tech stocks stabilised after Chine