MARKET CLOSE: NZ shares down, led lower by Metro Glass and Sky TV while Comvita, A2 rally
By Sophie Boot Jan. 8 (BusinessDesk) - New Zealand shares fell, led lower by Metro Performance Glass and Sky Network Television, while Comvita, A2 Milk and Synlait Milk gained. The S&P/NZX50 Index dropped 30.07 points, or 0.4 percent, to 8,425.48. Within the index, 21 stock...
Gallagher Bassett buys TriEx Health for undisclosed sum
By Sophie Boot Jan. 8 (BusinessDesk) - Multinational insurance claims manager Gallagher Bassett has bought local workplace health and safety services provider TriEx Health, Safety and Wellness for an undisclosed sum. Gallagher Bassett, which last year bought Australian insu...
Auckland house prices rise in 2017, more sold for over $1m despite fewer sales
By Sophie Boot Jan. 8 (BusinessDesk) - Average housing prices in Auckland rose in 2017 despite sales numbers falling, with 37 percent of homes sold for over $1 million in the year, realtor Barfoot & Thompson said. There were 674 sales in December versus 721 sales in the sam...
MARKET CLOSE: NZ shares up on no news, Metro Glass and Sky TV bounce
By Sophie Boot Jan. 5 (BusinessDesk) - New Zealand shares gained with global equity markets in the absence of local corporate news, with Metro Performance Glass and Sky Network Television rising while Freightways dropped. The S&P/NZX 50 Index rose 12.05 points, or 0.1 perce...
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