MARKET CLOSE: Contact leads shares higher
New Zealand shares rose, led by Contact Energy as its possible inclusion in the MSCI Index continues to drive investors to buy the stock amid strong global risk sentiment. The S&P/NZX 50 Index advanced 76.35 points, or 0.6 percent, to 12,356.89. Within the index, 37 stocks rose,...
Abano Healthcare takeover price increased
BGH Capital and the Ontario Teachers' Pension Plan have increased their takeover bid for Abano Healthcare to $4.75 per share due to a strong recovery in the dental group’s revenue.In August, Abano’s board unanimously backed a $4.45 per share scheme of arrangement from Bidco,...
MARKET CLOSE: Hot property market drives shares higher
New Zealand shares finished the week at an all-time high, led upwards by property and retirement stocks as central bank stimulus adds heat to the housing market. The S&P/NZX 50 Index rose 44.62 points, or 0.4 percent, to 12,280.54. Within the index, 28 stocks rose, 15 fell and se...
MARKET CLOSE: NZ shares surge as Trump puts stimulus back on table
New Zealand’s benchmark share index surged to a record as global risk appetite came flooding back on the hope of fiscal stimulus before the US election. The S&P/NZX 50 Index rose 219.77 points, or 1.8 percent, to an all-time high of 12,235.92. Within the index, 36 stocks rose, fi...
Prev
