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Markets News
Markets
Market close
Expectations of rate cuts boost NZ sharemarket in light trade
There were 89 rises and 48 falls on the main board.
Primary Sector
Global dairy prices drop again as supply outpaces demand
It is the biggest fall this calendar year.
Markets
Forsyth Barr highlights 'hidden gem' at Ebos
Both businesses were part of its A$1.16b LifeHealthcare acquisition.
Retail
Retailers say unseasonable weather compounded woes
The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.
Primary Sector
Fonterra’s NZ milk collections hit five-year high
The increased production comes as forecast milk prices point to record levels.
Markets
Market Close
Fisher & Paykel Healthcare helps NZX up 1%
Skellerup Holdings shares rose 5.1%.
Retail
Warehouse drops guidance, loss now in scope
The retailer has raised the possibility of a full-year earnings loss.
Markets
Analysis
Xero’s Melio ‘leap of faith’
The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet.
Markets
Market Close
NZX ends half year down 3.6%
"We’ve continued to lag relative to other markets," analyst says.
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