NZX trades rise in first half but IPOs, listings plunge
By Sophie Boot July 30 (BusinessDesk) - NZX saw more trades in the first half of 2018 though new listings dropped off significantly, as the company works on its five-year strategy to recapture enthusiasm in the market. Total trades in the six months to June 30 jumped 77.6 p...
Gentrack raises $26M from retail investors as part of $90M debt paydown
By Sophie Boot July 30 (BusinessDesk) - Gentrack Group said it raised about $25.8 million in a stock offer to retail investors, in the second part of a two-stage share sale aimed at raising funds to repay debt used for a recent flurry of acquisitions. Total take-up under th...
MARKET CLOSE: NZ shares up, Pushpay rebounds from selling while Synlait, Sky TV gain
By Sophie Boot July 27 (BusinessDesk) - New Zealand shares gained in light trading, led higher by Pushpay Holdings and Synlait Milk. The S&P/NZX50 Index rose 63.68 points, or 0.7 percent, to 8,996.16. Within the index, 25 stocks rose, 17 fell and eight were unchanged. Turn...
Consumer confidence falls further in July
By Sophie Boot July 27 (BusinessDesk) - Consumer confidence dropped further in July, falling back to long-run averages. The ANZ Roy Morgan consumer confidence index edged 2 points lower to 118 in July. The current conditions index fell 1 point to 124.9, above its historical...
Prev
