MARKET OPEN: Better mood on Wall Street to cheer investors, Sky TV in focus
Domestic investors will be cheered by a better night on Wall Street after tech stocks bounced while locally, Sky Network Television’s result will be in focus. The pay-TV company has gained 20 percent this week ahead of its earnings result. Earlier in the week Macquarie upg...
Businesses reckon things are looking up, for now
Business confidence is improving ahead of the Oct. 17 election and despite new lockdown restrictions. “The preliminary September read of the ANZ business outlook suggests firms are largely looking through the re-emergence of covid-19 in the community,” ANZ chief economist Shar...
NZ Growth Capital says investor appetite strong despite covid-19
New Zealand Growth Capital Partners - which manages the Elevate NZ Venture Fund - said investor appetite has not be dented by covid-19. “There has definitely been an uptick in companies wanting capital, including those seeking to take advantage of opportunities including accel...
MARKET OPEN: Tech rout to weigh on domestic sentiment
US investors were not cheered by their three-day holiday weekend and an ongoing tech-led selloff in equities will weigh on domestic sentiment. “The tech sector, former darling of the market, was hit the hardest and that negativity basically spilled over into other sectors,” Ki...
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