Markets from Sharesies

Brought to you by Sharesies

Markets News

Markets Wake Up Call
Wake Up Call: No cheques, mate
Staff reporters | Fri, 25 Jun 2021

Westpac is going cheque free from today, the latest in a line of banks to do away with the old-school payment type.

Oceania rejects Retirement Commissioner's call for law review
Jenny Ruth | Fri, 25 Jun 2021

Oceania Healthcare currently has more than 400 villas, units and care suites under construction.

Markets market close
NZ shares flat but THL bounces on profit upgrade
Dan Brunskill | Thu, 24 Jun 2021

Tourism Holdings said its loss this year would be closer to $14 million than $18 million. 

Westpac won't ditch NZ subsidiary after all
Jenny Ruth | Thu, 24 Jun 2021

Westpac has been chafing against the Reserve Bank of New Zealand's regulatory demands for many years.

Vista expects positive cash flow in second half
Staff reporters | Thu, 24 Jun 2021

Vista Group said more than 83% of cinemas globally have reopened.

Markets Wake Up Call
Wake Up Call: here come the covid cancellations
Staff reporters | Thu, 24 Jun 2021

As Wellington begins its first day at level 2, following the visit from Australia by a covid-positive traveller, the government’s apology for the dawn raids and Wellington’s marathon are early event casualties.

Markets Market Close
NZ shares up as investors look for data signals
Dan Brunskill | Wed, 23 Jun 2021

Markets have resettled after a tumultuous week.

Wake Up Call: Capital covid visit
Staff reporters | Wed, 23 Jun 2021

Businesses are bracing themselves for potential lockdowns if covid is found in the capital city. 

Markets FREE
KiwiSaver: the cost of being too conservative
Andy Fyers | Wed, 23 Jun 2021

A seemingly sensible decision to hold default KiwiSaver in low-risk funds, proved to be a costly one.

Regulation shortfall as platforms hit high times
David Chaplin | Wed, 23 Jun 2021

New Zealand investors are getting very comfortable using new, 'micro-investing' platforms, making gaps in their regulation important to address.

NZ shares and dollar climb as ‘sanity’ returns to market
Dan Brunskill | Tue, 22 Jun 2021

Investors appear to have overreacted to central bankers' warnings last week. 

Scott St John to join ANZ Bank NZ's board
Staff reporters | Tue, 22 Jun 2021

Scott St John will replace Tony Carter on ANZ Bank NZ's board.

Gentrack turns to India to staff its strategy reset
Dan Brunskill | Tue, 22 Jun 2021

Most tech businesses are struggling to find enough staff, Gentrack has made the call to hire offshore.  

Wake Up Call: Housing crisis causes confidence crunch in Sweden
Staff reporters | Tue, 22 Jun 2021

Proposals to deregulate Sweden’s rental market have brought down Stefan Lofven, Sweden's prime minister since 2014.

Energy Analysis
Mercury bundles up as Trustpower unburdens
Pattrick Smellie | Tue, 22 Jun 2021

Mercury to become bigger retailer offering a range of telco and energy products, while one-time retail innovator Trustpower is now charting a future almost exclusively as an electricity generator.

NZ shares decline as A2 Milk pulls back
Dan Brunskill | Mon, 21 Jun 2021

A2 Milk and Pushpay gave back much of the gains they won when the S&P and FTSE Russell indices were rebalanced on Friday.

Pacific Edge up 6% as Kaiser adopts second product
Staff reporters | Mon, 21 Jun 2021

The US healthcare giant is using a second of the Kiwi cancer diagnostics firm's products.

Mercury buys Trustpower’s retail business in $441m deal
Pattrick Smellie | Mon, 21 Jun 2021

Mercury is set to become to the country's largest electricity retailer, subject to approval from the competition regulator.

Markets Wake Up Call
Wake Up Call: How do you like them (organic) apples?
Staff reporters | Mon, 21 Jun 2021

The organic food industry has been dubbed the wild west. 

Markets market close
Kiwi dips below 70 US cents; A2 Milk jumps
Dan Brunskill | Fri, 18 Jun 2021

The fallout from the US Federal Reserve’s update yesterday morning continued for a second day.

Rocket Lab merger and US listing delayed
Henry Burrell | Fri, 18 Jun 2021

Investors will have to wait a little bit longer to see the RKLB ticker symbol on the Nasdaq.

News in Brief
Plexure CFO steps down
Staff reporters | Fri, 18 Jun 2021

Dalziel joined has been with the mobile marketing firm since 2016 and managed finances as it scaled up.

Precinct raising $250m to buy buildings including Bowen House
Staff reporters | Fri, 18 Jun 2021

Precinct is also forecasting a 3.1% increase in annual dividend this year.

Markets Wake Up Call
Wake Up Call: Helen Clark backs China flight bans
Staff reporters | Fri, 18 Jun 2021

NZ's former prime minister says the bans had proven correct and helped protect Australasia in comparison to other countries where delays caused irreversible contagion.