MARKET CLOSE:NZ shares fall as kiwi $ climbs; Kathmandu, Fletcher, SkyCity decline
By Suze Metherell Oct. 8 (BusinessDesk) - New Zealand shares fell as investors sold dual-listed stocks after the kiwi dollar climbed against its Australian counterpart. Kathmandu Holdings, Fletcher Building and Sky City Entertainment Group. The S&P/NZX 50 Index fell 24.24 ...
Scott Technology more than doubles annual profit on Robotworx acquisition, weaker kiwi
By Suze Metherell Oct. 8 (BusinessDesk) - Scott Technology, the industrial automation manufacturer, more than doubled annual profit as revenue was boosted by a weaker kiwi dollar and gains from its RobotWorx acquisition. Profit rose to $6.1 million in the 12 months ended A...
Pyne Gould shares suspended for second time in two years over tardy filings
By Suze Metherell Oct. 8 (BusinessDesk) - NZX Regulation has suspended Pyne Gould Corp shares from trading for the second time in as many years after the diversified investor failed to lodge its annual report with the stock exchange. Last week, the Guernsey-based firm blame...
MARKET CLOSE: NZ shares fall as profit takers enter market; Tower, MRP, Freightways decline
By Suze Metherell Oct. 7 (BusinessDesk) - New Zealand shares fell as investors looked to book recent gains in a volatile market. Tower led the benchmark index lower, followed by Freightways, MightyRiverPower and Steel & Tube Holdings. The S&P/NZX 50 Index fell 18.08 points,...
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