Listed Companies
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Markets
MARKET CLOSE: NZ shares fall as coronavirus knocks tourism stocks
New Zealand shares fell as fears over the spread of the Chinese coronavirus weighed on tourism-related companies including Tourism Holdings and Air New Zealand. The S&P/NZX 50 Index declined 70.67 points, or 0.6 percent, to 11,807.14. Within the index, 34 stocks fell, eight ro...
Property
Oceania Healthcare focuses on growth, may buy more sites
Oceania Healthcare has its sights focused on growth, even beyond upgrading and extending its existing aged care and retirement village sites, most of which still have further development potential.Since it listed in May 2017, the company has bought a lone greenfield site - the Wa...
Primary Sector
Synlait hikes payout forecast on strong dairy view
Synlait Milk raised its forecast payout to farmers, saying it expects global dairy prices to stay strong for the rest of the season.The milk processor raised its forecast farmgate payment by 25 cents to a base price of $7.25 per kilogram of milk solids. That would be the highest...
Markets
MARKET CLOSE: NZ shares fall as coronavirus ripples through markets; utilities down
New Zealand shares fell as the outbreak of coronavirus continued to weigh on tourism-related companies, and as a flatter interest rate outlook sapped the attraction of companies paying reliable dividends.The S&P/NZX 50 Index fell 23.3 points, or 0.2 percent, to 11,877.8. Within t...
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