MARKET CLOSE: NZ shares rise to new record as blue chips including Xero, Ryman gain
By Sophie Boot Aug. 2 (BusinessDesk) - New Zealand shares rose to a new record, led by blue chip stocks including Xero and Ryman Healthcare, while Metro Performance Glass dropped. The S&P/NZX50 Index gained 18.87 points, or 0.24 percent, to 7,748.31, a new record close. Wit...
Westland Milk signals higher 2018 payout after saving $70 mln under new management
By Sophie Boot Aug. 2 (BusinessDesk) - Westland Milk Products expects to pay a higher price at the farmgate in the 2018 season following what it says has been "10 months of analysis and systems change" under new management. The country's second-biggest dairy cooperative has...
MARKET CLOSE: NZ shares fall; A2 Milk, TradeMe decline while Fletcher, MetroGlass gain
By Sophie Boot July 28 (BusinessDesk) - New Zealand shares fell as A2 Milk gave up some of its recent gains while building stocks Fletcher Building and Metro Performance Glass rose. The S&P/NZX 50 Index dropped 72.21 points, or 0.9 percent, to 7,639.51. Within the index, 33...
MARKET CLOSE: NZ shares mixed, A2 at record while Fletcher, Tower recover, Sky City drops
By Sophie Boot July 27 (BusinessDesk) - New Zealand shares were mixed, with A2 Milk Co at a fresh record and Fletcher Building continuing to recover, while Sky City Entertainment Group fell. The S&P/NZX50 Index rose 1.13 points, or 0.015 percent, to 7,711.72. Within the ind...
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